Firm Profile > Walkers > Hamilton, Bermuda

Walkers
PARK PLACE
55 PAR LA VILLE ROAD, 3RD FLOOR
HAMILTON
HM12
Bermuda

Banking, finance and capital markets Tier 2

At Walkers, the corporate team provides asset finance, banking, capital markets, fund finance and regulatory advice to a range of clients, including leading global financial institutions, private equity funds, sponsors and corporations. The team is led by Jonathan Betts, who has extensive experience in syndicated, bilateral, secured and unsecured finance transactions, particularly in the shipping and aviation spaces. Elsewhere in the team, Natalie Neto has particular expertise in debt and equity capital markets mandates, while Sarah Demerling has a notable track record in insurance-linked securities work. The finance group has been bolstered by the recruitment of Adam Bathgate from Carey Olsen Bermuda Limited, while Paul Nystrom left the team for an in-house role. Senior associate Nathalie West is also highly regarded.

Practice head(s):

Testimonials

‘The Walkers team (particularly Natalie Neto, Sarah Demerling, and Rachel Nightingale) are responsive, creative, flexible, and smart. They are very connected within the Bermuda legal and business community, getting us meetings and audiences on very short notice when needed. They also handled a sensitive and challenging issue smoothly. I cannot say enough good things about that.’

‘Responsive, business-friendly, motivated, super smart and knowledgeable.’

Key clients

Onex Corporation

Norwegian Cruise Lines

Elysian Capital

New World Development

Morgan Stanley

Goldman Sachs

Société Générale

JPMorgan Chase

Standard Chartered Bank

Apollo Global Management

Corporate and commercial Tier 2

Walkers' Bermuda office is adept at handling M&A work, joint ventures, public listings, take-privates and buy-outs. The department, which is led by Jonathan Betts, has a strong reputation for local infrastructure transactions in the renewable energy, hotel and leisure, and insurance sectors. Natalie Neto has experience in takeovers, amalgamations and schemes of arrangement, while insurance specialist Sarah Demerling and senior associate Nathalie West are also recommended.

Practice head(s):

Key clients

Onex Corporation

Norwegian Cruise Lines

Elysian Capital

New World Development

Morgan Stanley

Goldman Sachs

Société Générale

JPMorgan Chase

Standard Chartered Bank

Apollo Global Management

Dispute resolution Tier 2

The ‘very solid’ litigation team at Walkers is led in Bermuda by managing partner Kevin Taylor, who frequently appears before the Supreme Court of Bermuda and Bermuda Court of Appeal. The team has a strong local track record in insolvency litigation, schemes of arrangement, shareholder claims, professional negligence disputes, trust litigation, debt recovery work and employment claims. Peter Dunlop specialises in insurance and reinsurance disputes, with additional experience in international reinsurance arbitration proceedings. Nicole Tovey and senior associate Benjamin McCosker are other key names to note.

Practice head(s):

Testimonials

‘Always quick to reply to queries. Aware of all issues and time lines. Focus is protecting the client. Work well with large groups of lawyers representing different clients but with common interests. Big picture focus so always have end game in sight rather than get distracted by smaller issues.’

‘Nicole Tovey – Calm and empathetic to client circumstances.’

‘Kevin Taylor – Listens well to client. Strong advocate for client position.’

‘On the project I have worked with Walkers I have primarily dealt with Kevin Taylor and Benjamin McCosker. Benjamin takes the lead in service delivery overseen by Kevin. Throughout the project Benjamin was available at short notice to take a call to answer urgent queries regardless of the time difference. This was important for us in being able to deliver on our requirements.’

‘Walkers has a very solid team and we welcome their expertise in Bermuda insolvency matters.’

‘Benjamin McCosker really carried the matter, in being very available and clear in his communications.’

Key clients

Athene Holding Ltd

CITGO Petroleum Corporation

Ernst & Young Transactions Limited, Hong Kong and EY Cayman Ltd

Ernst & Young Limited (Bermuda) and RSM Corporate Advisory (Hong Kong Limited)

North Mining Shares Companies Limited

KPMG Advisory Ltd (Bermuda)

Grant Thornton Specialist Services (Cayman) Limited and Grand Thornton Recovery and Reorganization Limited

PT Tenaga Bumi Bali

Panacorp Casa de Valores, S.A.

Alexis Enterprises Limited

CNA Hardy

TransAsia Private Capital Group

Regulatory and compliance Tier 2

Walkers' Bermuda office has a notable track record in handling regulatory and compliance issues for a range of international and domestic financial institutions including banks, investment funds, administrators, investment managers, fintech companies, corporate service providers and insurance and reinsurance clients. Led globally by Cayman-based regulatory and risk advisory practice head Lucy Frew, the regulatory group in Bermuda is integrated into the firm's corporate practice, with particular expertise in day-to-day financial regulatory compliance work, anti-money laundering issues, international sanctions, economic substance requirements, investigations, and risk management mandates. The team is particularly active in applications to the Bermuda Monetary Authority for funds and other financial services providers. The key names to note include Natalie Neto and senior associate Melanie Fullerton, who joined the regulatory and risk advisory group in 2019.

Practice head(s):

Other key lawyers:

Testimonials

‘We feel that they are taking good care of our business, we feel comfortable, well-advised on different topics, and no need to look somewhere else. ‘

‘When you receive responses at any time of the day, and not only from 8 to 5, we know we can count on each of the advisors we are working with. The advisers we work with have always given us timely, personalised and precise responses.’

Key clients

Anchorage

Apollo Management

Bank of America

Blackstone

Cerberus

CVC Capital Partners

First Reserve Corporation

GSO Capital Partners

HarbourVest Partners

Oak Hill Capital Management

Insurance/reinsurance Tier 3

Peter Dunlop and Sarah Demerling jointly lead Walkers’ multidisciplinary insurance and reinsurance team, which advises clients on a mix of contentious and non-contentious matters. With recent expansion at the associate level, the team is particularly active in the establishment of insurance-linked securities funds and captive insurers. The department also advises commercial insurance and reinsurance companies and ILS entities on a variety of issues ranging from formation, licensing, regulation and coverage mandates to insurance disputes, which is a key area of growth for the group.

Practice head(s):

Key clients

CITGO Petroleum Corporation

Helix Investment Management SLP

Alexis Enterprises Limited

CNA Hardy

Gemini Trust Company

Fleming Re Holdings LLC

Kinesis Holdings I Limited

The Hertz Corporation

Canada Clean Fuels

ChainThat Limited

Global Managing Partner: Ingrid Pierce
Bermuda Managing Partner: Kevin Taylor
Number of Bermuda partners: 7
Number of partners worldwide: 124
Number of Bermuda lawyers: 17
Number of lawyers worldwide: 380

Firm Overview:
Walkers is a leading international law firm that provides legal, corporate, fiduciary and compliance services to global corporations, financial institutions, capital markets participants and investment fund managers. Clients include FORTUNE 100 and FTSE 100 companies, as well as the most innovative firms and institutions across the financial markets. Walkers’ lawyers are experienced, entrepreneurial, committed to client service and held in high regard by clients for their ability to deliver outstanding legal advice.

Walkers is experienced in all types of international and cross-border transactions, covering a broad range of sectors, with a particular focus on both contentious and non-contentious corporate and finance law, investment funds, private equity, structured products, capital markets, private capital and trusts. Walkers delivers excellent, clear, practical advice based on an in-depth knowledge of the legal, regulatory and commercial environment in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Ireland. The firm is consistently ranked in the top tier of leading global legal directories. Clients describe Walkers as “a top-class firm,” and “stellar,” adding: “They are dedicated and responsive…”

Asset Finance
Walkers acts for the world’s leading financial institutions and arrangers in relation to asset finance transactions. These transactions include the sale and purchase of aircraft, ships, telecommunications systems and other ‘big ticket’ items. The firm also regularly advises on the acquisition of all types of equipment through secured loan financing and finance leasing, as well as ship and yacht registration.
Contact: Adam Bathgate, Jonathan Betts, Nathalie West

Banking
Walkers’ banking team is one of the most experienced transactional banking teams in the offshore market. It advises agents, arrangers, banks, international financial institutions and corporations on an extensive range of domestic and international cross-border banking and finance transactions. It advises on all aspects of loan and credit facilities ranging from short-term unsecured loans to multi-currency syndicated loans and revolving facilities, leveraged finance, acquisition finance, asset finance, debt restructuring, structured finance and capital markets.
Contact: Adam Bathgate, Jonathan Betts, Nathalie West

Corporate
Walkers’ corporate group advises global corporations on a wide variety of company, commercial and corporate law matters. The team has worked with some of the biggest names in the industry and clients include international companies of all sizes across all industry sectors, banks, private equity providers and a number of state and government entities. They are extensively experienced in advising on all corporate matters including mergers, acquisitions and disposals, corporate re-structuring, joint ventures, shareholders’ agreements and commercial contracts and agreements of every nature.
Contact: Jonathan Betts, Natalie Neto

FinTech
Walkers’ fintech group advises businesses specialising in digital assets, blockchain, alternative model finance and a wide range of related activities and services including funds, issuers, custodians and broker dealers. The team has specialist knowledge of licensing, marketing, data protection, tax transparency, outsourcing, international anti-money laundering regulation and other aspects relevant to FinTech businesses.
Contact: Natalie Neto, Sarah Demerling

Insolvency & Dispute Resolution
Walkers’ IDR team advises on a full spectrum of insolvency and commercial litigation matters, including out of court restructuring, enforcement of security, and all types of contentious and non-contentious insolvency proceedings. The practice also includes corporate liquidation on various grounds, including ‘just and equitable’ liquidation, appointment and removal of liquidators and receivers; matters concerning the rights and duties of liquidators and receivers; cross-border and international insolvency; securing and tracing corporate assets and the full range of claims by and against liquidators, provisional liquidators and receivers. The team also has considerable experience assisting clients in relation to shareholder disputes, contentious trusts disputes, professional negligence and employment matters.
Contact: Kevin Taylor, Nicole Tovey

Insurance & ILS
Walkers’ insurance team provides clients with market leading legal, regulatory and licensing advice for the establishment, structuring and on-going operation of all forms of insurance vehicles, including for the issue of insurance linked securities, as well as insurance managers, agents and brokers. It also routinely advises clients on corporate and transactional matters in the insurance space. The team routinely advises re/insurers and ILS funds on contract and policy wordings, and are uniquely placed to advise on the structuring of novel re/insurance products. It also has experience in portfolio transfers and commutations.
Contact: Sarah Demerling, Peter Dunlop

Insurance Dispute Resolution
Walkers’ insurance dispute resolution team has decades of experience advising policyholders and re/insurers in Bermuda litigation and international arbitrations (Bermuda Form, ad hoc and institutional arbitrations) on a wide variety of disputed coverage and rescission claims and subrogated recovery claims across all re/insurance business lines in a broad array of industries, including captive insurance, pharmaceuticals, life, health and medical malpractice, oil and gas and financial reinsurance. The firm is routinely instructed to advise on enforcement of foreign judgments and arbitral awards and injunctive relief. It also has considerable expertise in multi-jurisdictional regulatory investigations for major reinsurers.
Contact: Peter Dunlop

Investment Funds
Walkers’ investment funds group advises many of the world’s most prominent asset managers, fund promoters and institutional banks and investors. It advise on all aspects of offshore investment funds including fund formation, structuring, regulation, fund restructuring, fund re-domiciliation, termination and on-going general advice to investment funds and managers.
Contact: Sarah Demerling, Jonathan Betts

Private Equity
Walkers’ private equity group acts for most of the world’s largest and most successful private equity firms. It advises on all aspects of fund formation and capitalisation of investment vehicles, public and private mergers and acquisitions and down-stream transactions, capital call and subscription line financing, leveraged buy out, group restructuring, secured lending, take-private and IPO formation and due diligence.
Contact: Jonathan Betts, Natalie Neto, Sarah Demerling

Regulatory & Risk Advisory
Walkers’ regulatory and risk advisory team offers advice on compliance and regulatory matters on a global basis. The team has an active advisory practice and regularly advises regulated and non-regulated financial services institutions on the interpretation and application of regulatory rules, policies and procedures.
Contact: Natalie Neto, Melanie Fullerton

Restructuring
Walkers advises on all aspects of restructurings and reorganisations including complex cross-border financial and corporate restructurings, debt to equity swaps, distressed debt, asset finance and capital market products.
Contact: Natalie Neto, Adam Bathgate

Walkers Professional Services
Walkers Professional Services (“WPS”) is a leading provider of corporate, corporate governance, regulatory compliance and fiduciary services to corporate and institutional clients across global financial centres.

WPS offers market leading expertise and value for spend, and its unique integrated legal and professional services team, combined with state of the art technology, positions WPS to deliver on this.
Contact: Kim Armstrong, Michael Wynne, Samantha Kyme

Department Name Email Telephone
Insolvency & Dispute Resolution Kevin Taylor kevin.taylor@walkersglobal.com +1 441 242 1510
Corporate, Finance, Funds & Insurance Adam Bathgate adam.bathgate@walkersglobal.com +1 441 242 1515
Corporate, Finance, Funds & Insurance Jonathan Betts jonathan.betts@walkersglobal.com +1 441 242 1511
Corporate, Finance, Funds & Insurance Sarah Demerling sarah.demerling@walkersglobal.com +1 441 242 1525
Insurance, Insolvency & Dispute Resolution Peter Dunlop peter.dunlop@walkersglobal.com +1 441 242 1524
Corporate, Finance, Funds & Insurance Natalie Neto natalie.neto@walkersglobal.com +1 441 242 1533
Insolvency & Dispute Resolution Nicole Tovey nicole.tovey@walkersglobal.com +1 441 242 1512
Regulatory & Risk Advisory Melanie Fullerton melanie.fullerton@walkersglobal.com +1 441 242 1537
Insolvency & Dispute Resolution Benjamin McCosker benjamin.mccosker@walkersglobal.com +1 441 242 1521
Corporate, Finance, Funds & Insurance Rachel Nightingale rachel.nightingale@walkersglobal.com +1 441 242 1520
Corporate, Finance, Funds & Insurance Nathalie West nathalie.west@walkersglobal.com +1 441 242 1523
Professional Services Samantha Kyme samantha.kyme@walkersglobal.com +1 441 242 1527
Regulatory Compliance Services Michael Wynne michael.wynne@walkersglobal.com +1 441 242 1542
Corporate Services Kim Armstrong kim.armstrong@walkersglobal.com +1 441 242 1516
Bermuda partners : 7
Partners worldwide : 124
Bermuda lawyers : 17
Lawyers worldwide : 380
English
Lex Mundi - The World's Leading Association of Independent Law Firms