Philip spent his pupillage year at 3 Verulam Buildings, a specialist banking and finance chambers in London. He then moved to Sidley Austin in London, where he spent approximately four years working in a dedicated securitisation and structured finance team. While there, he was also seconded for a short period to the legal department of a specialist emerging markets bank in the City of London.

While at Sidley Austin, Philip worked for arrangers, issuers, credit enhancers, monoline insurance companies and trustees on a wide range of structured finance transactions involving numerous asset classes and employing various structures and techniques. He also represented financial institutions on numerous cross-border lending transactions.

Admitted In:
Cayman Islands
England and Wales (not practising)

Qualifications:
Double First in English & Theology, University of St. Andrews, Scotland, UK
Diploma in Law/CPE (Commendation), City University in London, UK
Certification in Investment Migration, Investment Migration Council

2020 Who's Who Legal - Global Leader - Banking & Finance

2020 Chambers and Partners - Notable Practitioner - Corporate & Finance - "One source described him as a "dean" of the legal community, elaborating: "He has a long track record of representing top investment banks and hedge funds. He knows the market and the relevant issues well. We place great trust in his experience."

2018-2020 Legal 500 - Leading Individual - Banking, Finance & Capital Markets - "Philip Paschalides is 'smart, responsive and creative'"

2016-2020 IFLR 1000 - Market Leader - "Philip Paschalides is 'great, commercial and has deep knowledge of the fund finance world'."

2019 Who's Who Legal - Global Leader - Capital Markets - Debt & Equity

2014-2019 Chambers and Partners - Notable Practitioner - Corporate & Finance - "Philip is a "star lawyer" in the Cayman Islands. His clients value him as "a very reliable lawyer - responsive, intellectual and capable of deep thinking." His specialist areas include debt capital market issuances, securitisation, CLOs and insurance-linked securities."

2016-2019 Legal 500 - Recommended Lawyer - Corporate & Commercial - "Philip Paschalides is ‘very knowledgeable and understands the commercial issues at hand’."

2018 Who's Who Legal - Banking & Finance

2015 Legal 500 - Highly Rated - Corporate & Commercial

2014 Legal 500 - Insurance - "Philip Paschalides ‘always goes the extra mile, making sure the end-product exceeds expectations and is of the moment’."

2012-2013 Legal 500 - "Philip Paschalides is 'extremely responsive, helpful and technically astute'."

2013 Chambers Global Guide - "Clients say: 'He is really the go-to guy in Cayman and our first port of call for any Cayman Islands-related advice'."

2010-2012 IFLR 1000 - Leading Cayman Islands Lawyer - "Of partner Philip Paschalides, one client remarks: 'He has a very clear understanding of the documents and the law. I trust his analysis and he's very willing to explain things'."

2009-2011 Chambers Global Guide - "Very good - one of the best finance lawyers here."

Philip is an Associate Member of the Investment Migration Council. 

NEWS

• Walkers Excels in 2020 IFLR Rankings - Walkers has once again displayed its market-leading strength with 61 lawyers and 19 practice areas r...
  
• 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 ...
  
• Walkers recognised by STEP for commitment to training and skills - Walkers has been granted accreditation by STEP as an "Employer Partner" for its commitment to traini...
  
• Walkers Wins Law Firm of the Year at 2020 IFC Awards - Walkers has been named Law Firm of the Year for the Caribbean at the prestigious 2020 IFC Awards in ...
  
• Walkers Leads Legal 500 Caribbean Guide 2020 with Lawyer Rankings - Walkers is pleased to announce that it has received 41 lawyer rankings in the 2020 Legal 500 Caribbe...
  
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ARTICLES

• The Remote Trustee: Getting Your House in Order After the COVID-19 Pandemic - To say 2020 has been a challenging year for many would be an understatement. The onset of COVID-19 s...
  
• Routes to Residency in the Cayman Islands - This article is a summary of the five routes to permanent residency in the Cayman Islands. Whil...
  
• The Remote Trustee: Electronic Execution of Trust Documents - Working in lock-down has set new challenges for many of us. Simple office processes taken for grante...
  
• Getting the Deal Through | Equity Derivatives 2020 - Partner Philip Paschalides and Senior Counsel Paul Osborne provide Getting the Deal Through with kno...
  
• The Remote Trustee: Trust Governance - Now more than ever, professional trustees need to ensure that they are adhering to proper policies a...
  
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MATTERS

• 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 ...
  
• Walkers Advises on Pathfinding Airline Loyalty Scheme-backed Financing - Walkers acted as Cayman Islands counsel to Goldman Sachs Lending Partners LLC in a first-of-its-kind...
  
• Largest Corporate Bond Offerings by a South American Company - Walkers acted as as Cayman Islands counsel on over US$13 billion (in aggregate) of debt issued by th...
  
• $300 Million Bond Transaction for Merrill Lynch - Walkers acted as Cayman counsel in an innovative $300 million bond transaction for Merrill Lynch, wh...
  
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EVENTS

• China Offshore Webinar: Succession Planning and Global Mobility Options for China's Wealthy in an Unstable World - Walkers partner, Philip Paschalides, will sit alongside Chris Duggan and Sue Nickason of Dart Real E...
  
• PCD Club Cayman Webinar: Family Offices in Cayman - Join the PCD Club and Walkers Finance and Corporate Partner Philip Paschalides for the second e...
  
• Walkers Wellness at SFVegas 2020 - Once again Walkers will be hosting its Walkers Wellness classes at SFVegas 2020.  Choose betwe...
  
• Walkers Sponsors IMN's 1st Annual Investors' Conference on CRE CLOs - Walkers is sponsoring IMN's 1st Annual Investors' Conference on CRE CLOs on Thursday 14 Ma...
  
• Walkers to sponsor SCI's Capital Relief Trades Seminar 2018 - Walkers is sponsoring and speaking at the SCI Capital Relief Trades Seminar, taking place on Tuesday...
  
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ADVISORY

• LIBOR-NO-MORE? - CLO market participants are once again finding themselves scrambling, this time to consider alternat...
  
• Cayman Creates Incorporated Cell Companies - The Insurance (Amendment) Law 2013 of the Cayman Islands has introduced a new framework which will a...
  
• Introducing Portfolio Insurance Companies – Cayman Islands - On 16 January 2015 The Insurance (Portfolio Insurance Companies) Regulations, 2015 of the Cayman Isl...
  
• Irish Stock Exchange to Introduce New Approach to Annual Fees for CLO/CDO/CBO Issuers Seeking to List From 1 September 2015 - Walkers wishes to advise that the Irish Stock Exchange is implementing a new approach to the collect...
  
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MEMO

• (Cayman) Registration of Security Granted by a Cayman Islands Exempted Company - There is no general central public registry or statutory priority regime in relation to charges crea...
  
• (Cayman) Multi-Issuance Structures in the Cayman Islands - This memorandum examines the options available to the capital markets practitioner seeking to set up...
  
• (Cayman) A Guide to Taking Security over Capital Call Rights - The use of Cayman Islands exempted limited partnerships is commonplace in the private equity context...
  
• (Cayman) Statutory Mergers - Loan Financing - Privatisations by way of a Cayman Islands statutory merger are often financed by secured loans from ...
  
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