Walkers acted as Irish and Cayman Islands counsel in JP Lease's recent asset backed securitisation of a portfolio of 15 aircraft arranged and managed by Stratos. The structure was the first to combine the ABS structure with Japanese equity and the Japanese operating lease structure.

Walkers Professional Services also provided Cayman and Ireland based services to the issuer of the senior notes and the AOE issuers (including independent director services, accountancy services (for the AOE Issuers) and other administrative services).

Walkers, led by Cayman Islands partner James Burch and senior counsels Richard Williams and Paul Osborne in the Cayman Islands and Caitlin Friel in Ireland, were instructed by Stratos.

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