Walkers Expands Market Leading Professional Services to the BVI

Walkers is pleased to announced that Walkers Professional Services (WPS) is expanding its operations to the British Virgin Islands.

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Walkers London Celebrates 20th Anniversary

Walkers is pleased to announce that its London office is celebrating its 20th anniversary.

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Walkers Tops Market Leading Rankings in Chambers Global Again

Walkers leads the way with 10 "Band 1" practice area rankings (out of a market leading 23 practice areas) and an overall "Band 1" ranking in 'Global Offshore'.

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AML Training Portal Launch

Walkers Professional Services Launches New e-Learning AML Training Portal

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Walkers Celebrates 5 Years in Bermuda

Walkers (Bermuda) Limited is pleased to celebrate the five year anniversary of its Bermudian operations in Hamilton, Bermuda.

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Events & Webinars

See upcoming virtual events and webinars.

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Walkers is a leading international law firm. We advise on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey.
GlobalMap Oct2019

Diverse & Inclusive

At Walkers we are committed to building a diverse and inclusive workplace where everyone can feel comfortable, happy and confident in an inclusive environment.


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Walkers Acts on Delta Air Line's US$9 Billion Loyalty Programme Financing

Walkers acted as Cayman Islands counsel to Goldman Sachs Lending Partners LLC in the world's second multi-billion dollar financing using an airline's loyalty programme as security. The matter involved US$6 billion of senior secured high yield bonds and US$3 billion of senior secured term loans to SkyMiles IP Ltd., an indirect wholly-owned subsidiary of Delta Air Lines, Inc. (“Delta”) and to Delta itself. The financing is secured by Delta's loyalty program, SkyMiles, and guaranteed by three other wholly-owned Delta subsidiaries.

According to On Point Loyalty's research, Delta's SkyMiles loyalty programme ranks as the most valuable airline rewards programme globally, with an estimated value of approximately US$25.9 billion.

Barclays, JP Morgan and Morgan Stanley joined Goldman Sachs to act as joint lead arrangers and multiple institutional banks, including Standard Chartered and Wells Fargo, acted as joint bookrunners in the transaction. The Delta deal follows in the footsteps of a the world's first financing transaction utilising a US airline's loyalty program, on which Walkers also acted as Goldman's Cayman counsel.

Walkers was instructed by US law firm Milbank and was led by Cayman Islands partners Philip Paschalides, Barnaby Gowrie and Lucy Frew with Hong Kong partner Shamar Ennis, senior counsels Sarah Humpleby and Brett Basdeo and associates Arleth Ebanks, Shanine Felix, Alexandra Franklin and Christopher Carroll also acting on the matter.

Lucy FrewPartnerT +1 345 814 4676lucy.frew@walkersglobal.com

Lucy FrewPartnerT +1 345 814 4676lucy.frew@walkersglobal.com
Barnaby GowriePartnerT +1 345 914 6365barnaby.gowrie@walkersglobal.com
Philip PaschalidesPartnerT +1 345 814 4675philip.paschalides@walkersglobal.com
Brett BasdeoSenior CounselT +1 345 814 4616brett.basdeo@walkersglobal.com
Sarah HumplebySenior CounselT +1 345 814 6843sarah.humpleby@walkersglobal.com
Arleth EbanksAssociateT +1 345 914 4233 arleth.ebanks@walkersglobal.com
Shanine FelixAssociateT +1 345 814 4520shanine.felix@walkersglobal.com
Alexandra FranklinAssociateT +1 345 814 4522 alexandra.franklin@walkersglobal.com

Barnaby GowriePartnerT +1 345 914 6365barnaby.gowrie@walkersglobal.com

Shamar EnnisPartnerT +852 2596 3349shamar.ennis@walkersglobal.com