Philip spent his pupillage year at 3 Verulam Buildings, a specialist banking and finance chambers in London. He then moved to Sidley 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, 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
Diploma in Law/CPE (Commendation), City University in London

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."

2020 Legal 500 - Leading Individual - Banking, Finance & Capital Markets

2020 IFLR 1000 - Market Leader

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

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."

2019 Legal 500 -  Recommended Lawyer - Corporate & Commercial​

2019 Legal 500 - Leading Individual - Banking, Finance & Capital Markets - "Philip Paschalides is 'smart, responsive and creative'"

2019 IFLR 1000 - Market Leader

2018 Chambers Global Guide - (Corporate & Finance) A Notable Practitioner. "Philip Paschalides is described as "a lawyer who can handle the most complex and sizeable matters." One peer said: "He has wonderful judgement and knows everything there is to know about Cayman matters. He is very intelligent and very astute." Another insider remarked that "technically, he is one of the best ever."

2018 Legal 500 - Leading Individual - Banking, Finance & Capital Markets

2018 Legal 500 - Recommended Lawyer - Corporate & Commercial

2018 Who's Who Legal - Banking & Finance

2018 IFLR 1000 - Market Leader

2017 Chambers Global Guide - (Corporate & Finance) A Notable Practitioner. "A range of sources agree that Philip Paschalides is a 'very bright guy' and 'a leader in the structured finance field'. They are impressed by his 'deep understanding of the law' and the way in which he 'tempers his academic understanding with a down-to-earth and practical approach'."

2017 Legal 500 - Recommended Lawyer (Corporate & Commercial) - "Philip Paschalides is ‘very knowledgeable and understands the commercial issues at hand’."

2017 IFLR 1000 - Leading Lawyer - "Philip Paschalides is 'great, commercial and has deep knowledge of the fund finance world'."

2016 Chambers Global Guide – (Corporate & Finance) A Notable Practitioner. "Philip Paschalides has a reputation as one of the most technically adroit corporate and finance lawyers in the Cayman Islands."

2016 Legal 500 - Recommended Lawyer (Corporate & Commercial)

2016 IFLR 1000 - Leading Lawyer

2015 Chambers Global Guide – (Corporate & Finance) A Notable Practitioner

2015 Legal 500 (Corporate & Commercial) - Highly Rated

2014 Legal 500 (Finance & Corporate) - "Philip Paschalides is ‘on top of everything and eager to get the right result’."

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

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'."

2012 Legal 500 - "The 'solution-focused' Philip Paschalides 'provides clear and unequivocal advice'."

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'."

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

2010-2011 IFLR 1000 - Leading Cayman Islands Lawyer

2010 Chambers Global Guide - "Peers praise his ability to adapt to changing markets with ease, due to his diverse background across the finance spectrum and his restructuring experience."

2009 Chambers Global Guide - "Philip Paschalides has made an impression on the market as 'one of the best capital markets practitioners' in the jurisdiction."​

MATTERS

• 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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NEWS

• 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...
  
• Walkers Named #1 Global CLO Market offshore service provider in Creditflux's CLO Census - Walkers is delighted to announce that we have been ranked for a second year running as number one fo...
  
• Walkers' Global Private Capital & Trusts Team Retains Top Tier Ranking - Walkers' international Private Capital and Trusts team has been named in the highest tier by indepen...
  
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ARTICLES

• 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...
  
• The Remote Trustee - What the Global Financial Crisis revealed in 2008, the COVID-19 pandemic reiterates in 2020: we are ...
  
• Cayman Islands Corporate Law as a Tool for Innovative CLO Warehouse Structuring - The Cayman Islands is well known to be the jurisdiction of choice for structured finance transaction...
  
• Getting the Deal Through | Equity Derivatives 2017 - Partner Philip Paschalides and senior counsel Paul Osborne provide Getting the Deal Through with the...
  
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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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