IFLR1000 Reviews

Financial and corporate

Since its establishment in 1948, Higgs & Johnson has evolved into one of the most prominent full-service firms in the Bahamas. With offices in Nassau, Marsh Harbour, Lyford Cay, and Freeport, the firm provides comprehensive legal services. It advises clients on both the buy and sell sides of debt-side capital markets matters and represents borrowers and lenders in financings. The firm’s team is also active in mergers and acquisitions, various corporate matters, project development, and restructuring. Additionally, Higgs & Johnson has significant expertise in maritime-related commercial law. 

 

Highlights

Higgs & Johnson served as counsel to a confidential client in their role as Administrative and Collateral Agents in a complex Sixth Amended and Restated Credit Agreement for a major cruise line. This involved 10 vessels and the meticulous registration of second and third priority mortgages, alongside collateral deeds of covenants and insurance assignments for each vessel. The firm adeptly secured necessary consents from existing lenders and coordinated with local counsel and the Registrar of Ships to ensure the new security maintained equal standing with existing notes under an intercreditor agreement.

 

Testimonials

"The firm is comprised of diverse and knowledgeable attorneys who are responsive and attentive to the needs of clients." (Banking) 

"Very reactive and reliable." (Banking)