Carey Olsen hires aviation finance partner

Offshore law firm Carey Olsen has appointed corporate and finance lawyer Richard Munden as a partner in its Cayman Islands office.

Mr. Munden advises on corporate and finance transactions with particular expertise in aviation finance and other asset finance matters including asset-backed securitizations. He also specializes in financing for hedge funds and private equity funds, debt capital market transactions, equity issues and joint venture and shareholder arrangements across a wide range of industries.

He joins Carey Olsen after 10 years at another offshore law firm in the Cayman Islands where he was responsible for leading and growing the transport finance practice in North America and Europe. Before moving to the Cayman Islands, he worked in the asset finance team at Freshfields Bruckhaus Deringer in London before working in-house at Vueling Airlines in Barcelona, Spain, as general counsel and then head of fleet.

Over the last five years, Mr. Munden has worked on 16 transactions that have been recognized in AirFinance Journal’s Deals of the Year awards. Over the last decade, he has worked closely with the Cayman Islands government and the Civil Aviation Authority of the Cayman Islands on revisions to civil aviation legislation for a number of matters including the implementation of the Cape Town Convention in the Cayman Islands.