Walkers is geared to handle the full spectrum of asset financing, debt capital markets, and financial regulatory matters. The practice is jointly led by Adam Bathgate and Nathalie West, and Bathgate is skilled at note issuances and capital raises. West is highly proficient in debt finance, Joe Williams is skilled at banking transactions, and Korin Knights is versed in structured finance. Other key team members include Malacia Madden, who is often engaged in secured bilateral and syndicated lending in the insurance sector.
Legal 500 Editorial commentary

Accolades

Client satisfaction

Testimonials

Collated independently by Legal 500 research team.

  • 'Malacia Madden is such a knowledgeable, helpful, and approachable person. She never makes you feel like you are asking stupid questions, which sometimes you are. I love working with her; she is a joy, and she makes my life much easier.'
  • 'Malacia Madden is a very diligent and responsive lawyer - we worked with Malacia as lead counsel, and from a Bermuda law local counsel perspective, the transaction was seamless.'
  • 'Nathalie West is never too busy to help; she is friendly, approachable, and knows almost everything.'
  • 'What makes Walkers unique is their approachability, availability, and willingness to help, even with the smallest matters and simplest questions.'
  • 'The quality of the lawyers in terms of their experience and knowledge of every industry in Bermuda makes them stand out.'
  • 'The corporate lawyers are well-versed in all areas of law that might affect their clients, such as Corporate Income Tax, AML, privacy, and cyber security. They are all-rounders when it comes to advice and are able to highlight the areas that affect my clients in a practical and pragmatic way.'

Key clients

  • Apex Group Ltd
  • Algoma Central Corporation
  • Ares Management Corporation
  • Avianca Group
  • Axalta Coating Systems Ltd
  • The Bank of New York Mellon
  • Goldman Sachs
  • Jefferies
  • Mizuho
  • MUFG Bank, Ltd
  • National Westminster Bank plc
  • Norwegian Cruise Line Holdings Ltd

Work highlights

Acting for Norwegian Cruise Lines on its offering of USD 1.8 billion aggregate principal amount of its 6.750% senior notes due 2032 and the simultaneous USD 1.7 billion refinancing of its senior secured credit facility.
Acting for Axalta Coating Systems Ltd in connection with the sixteenth amendment to its USD 1.7 billion syndicated credit agreement led by Barclays Bank Plc to obtain new pricing terms on the existing principal and repay existing commitments.
Acting for Avianca Group on the USD 1.1 billion refinancing of Avianca’s existing tranche of A1 senior secured notes by way of an exchange offer.

Lawyers

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Adam Bathgate
Nathalie West

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Korin Knights
Malacia Madden

Practice head

Adam Bathgate; Nathalie West

Other key lawyers

Joe Williams; Korin Knights; Malacia Madden