Events & Webinars

See upcoming virtual events and webinars.

Read More

Events & Webinars

See upcoming virtual events and webinars.

Read More

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


Walkers continues to monitor the impact of the COVID-19 pandemic on its people, its clients and its business.


Browse Professionals
by last name

  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X
  • Y
  • Z

Find a Professional
Search by one or more criteria

Channel Islands: The Rise of Alternative Fund Lenders

The growth of the fund finance market, from the development of the subscription line and NAV or asset backed facility, to the array of products and credit lines now available, has been remarkable.

While banks have traditionally dominated this space, and that is expected to long continue, one recent trend we are seeing in our deals is the growth of alternative (non-bank) providers of this finance, including credit and specialist funds.

Alternative lenders in the fund finance space are not huge in number (at least as lender of record) but they are by no means new entrants, with their participation in the market pre-dating Covid-19. However, the increased need for GPs to be creative in their capital raising solutions because of the crisis has resulted in us seeing increasingly complex types of facilities being made available (and the consequent rise in pricing is creating more attractive yields for non-bank participants). With this, we may well see a greater appetite for fund finance products from alternative lenders, who can increasingly be on hand to offer liquidity solutions.


Click to view article

Bermuda: ICLG Alternative Investment Funds Guide 2020

Bermuda partner Sarah Demerling and senior associate Melanie Fullerton have teamed up with ICLG to provide a detailed legal guide on the Bermuda alternative investment fund industry. Discussing the regulatory framework, fund structures, marketing, investments, disclosures, taxation and reforms, Sarah and Melanie use their in-depth knowledge to provide readers with actionable intelligence.

Click to view PDF


This article was originally published by ICLG here.

Walkers Professional Services Welcomes Daniel Booth to Lead its Asia Pacific Operations

Walkers is pleased to announce that Daniel Booth has joined the firm as Senior Vice President to lead the Walkers Professional Services ("WPS") group in the Asia Pacific region. Daniel will be based in the firm's Hong Kong office.

Daniel brings significant commercial and strategic leadership to the firm with over 25 years' experience based in the Asia Pacific region, most recently as the Head of Commercial, Hong Kong and Greater Bay Area, at a leading global trust and corporate services provider.

WPS was launched in 2015 and provides Corporate, Corporate Governance, Regulatory and Compliance and Fiduciary services to corporate and institutional clients across global financial centres.

Anne Dolan, Director of Corporate Services said, "We see the Asia Pacific region as central to the success of WPS globally. Daniel will be instrumental in driving the growth and expansion of our professional services offering in the region."

Hong Kong Managing Partner Andy Randall adds, "Over the past five years, we have seen increasing demand in Asia for the quality of professional services that a firm such as WPS can provide. The addition of Daniel, a senior operational and commercial hire, comes at a time when we are looking at moving into the next phase of our business growth. We are excited to have Daniel join us and look forward to working closely with him to deliver best-in-class services to our clients."

Daniel Booth comments, "I am delighted to be joining Walkers Professional Services. I have worked in the industry for over 15 years and Walkers has always impressed me with the stellar reputation they have in the market. I look forward to working with colleagues across the legal and professional services teams in the region."

Walkers & CAACI: FAQ on Transitional Registration of Aircraft

Walkers and the Civil Aviation Authority of the Cayman Islands ("CAACI") recently discussed the frequently asked questions in connection with the CAACI's new expanded transitional aircraft registration offering.


Here are our top 5 FAQs from the recording:

  1. Who can register transitional aircraft with the CAACI?
    The registered owner of an aircraft must be a “Qualified Person” which includes (i) a Cayman incorporated entity, (ii) an entity incorporated in any part of the Commonwealth and which has its registered office or principal place of business in any part of the Commonwealth or (iii) an entity formed in accordance with the law of an European Economic Area ("EEA") state and which has its registered office, central administration or principal place of business within the EEA.
  2. How are costs determined for transitional registration of aircraft with the CAACI?
    A Service Level Agreement ('SLA") between the applicant and the CAACI outlines the fee structure. The associated services offered in this SLA will cater for vast majority of transition projects. Fees are determined on a case by case basis where a SLA is developed between the CAACI (in collaboration with an agreed Continued Airworthiness Management Organisation ("CAMO") with whom the CAACI work closely) and the applicant based on the specific requirements of the applicant. Some of the relevant factors in determining cost include the aircraft type, how many aircraft are involved in the project, the length of the project and the certifications required while the aircraft is on the Cayman register.
  3. Can the registration process be completed online?
    Yes, using the CAACI VP-C Online portal which can be accessed at Provision of all required 'Know Your Customer' information in respect of the applicant as well as payment of registration costs can be completed online. The CAMO assigned for the aircraft and the applicant will be granted login access.
  4. How long will review of a registration application typically take?
    If the applicant has indicated that the required registration of the aircraft is imminent, the CAACI team will give the registration application priority but generally the application can be handled within 2-3 days.
  5. What arrangements are required for the storage of aircraft and how long could an aircraft remain in storage?
    The aircraft will be technically managed by the assigned CAMO and the CAACI will have active oversight during the storage period working with the CAMO in preparation for the issuance of an Export Certificate of Airworthiness.

    The SLA has been adapted to cater for a 12 month period without any additional fees in light of the current market conditions. All projects are intended to be actively managed for transition and such time periods remain under review.

For more information, you can visit the CACCI's website at Alternatively, please feel free to reach out to Sarah Humpleby or any other member of the Walkers global aviation team with any further questions.

Ireland Update – Use of Electronic Signatures on Regulatory Documents and Forms

In a statement published on 24 August 2020, the Central Bank of Ireland (the "Central Bank") confirmed to regulated firms that its policy regarding the use of electronic signatures is that, in the absence of any specific legal provisions to the contrary, regulated firms may use electronic signatures in submitting regulatory documents and forms to the Central Bank.

The Central Bank advised that it reserves the right to request a "wet ink" signature where the Central Bank deems it appropriate. In addition, the Central Bank expects regulated firms to continue to meet their regulatory and statutory obligations on an ongoing basis including the requirement to have adequate internal systems and controls.

More Articles ...