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.
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.
"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)
Full-service firm Lennox Patton is one of the leading firms in the Bahamas for financial and corporate work. The firm has one domestic office in Nassau and one in Tortola in the British Virgin Islands.
Focusses / specialisms
The firm advises on both Bahamian and British Virgin Islands law. It is particularly experienced in banking and finance matters, however, the firm also has experience in M&A and capital markets related transactions.
Key clients
Recent notable clients of the firm include GNB Financial Group, Parker Drilling, Parkland Fuel.
Research period review: 31st edition (2020/2021)
The firm was active in banking and capital markets.
In banking the firm advised on Bahamian law with respect to drafting facility agreements.
In capital markets the firm provided local counsel on a green bond issuance involving numerous jurisdictions across Europe, the US, and Asia.
Deal highlights: 31st edition (2020/2021)
$1.1 billion green bond issue
Nassau Cruise Port $150 million securities offering
$330 million revolving credit facility
Client feedback: 31st edition (2020 / 2021)
Investment funds
"Best in class. Reliable, efficient, security conscious, and oriented towards results."
"They are very good to work with. Fast to respond, very informed and really helpful."
Dwayne Whylly
"Responsive and provides accurate, in-depth advice. His knowledge extends to future developments in the law."
"Dwayne Whylly provided comprehensive advice and answered follow up questions promptly."
Michael Paton
"Strong legal background. Expertise. Trustworthy."
Castino Sands
"He is the best Bahamian funds and regulatory lawyer on the island in my opinion. I have known Castino a number of years and his level of service is incredible."
Founded in 1945,
McKinney Bancroft & Hughes has established itself as a leading full-service firm in financial and corporate law. As one of the largest and oldest firms in the Bahamas, it offers expert legal services to clients across various markets and countries. A member of Lex Mundi, the firm’s influence extends beyond the Bahamian
jurisdiction to an international scale. Renowned for its work in banking and finance, McKinney Bancroft & Hughes
represents both lenders and borrowers in diverse loan transactions
and advises clients on project development and finance deals
McKinney Bancroft & Hughes advised on a variety of complex and confidential
matters that span across multiple
jurisdictions.
Key clients include Lyford Holdings, Mitsubishi Logistics, RAV Bahamas,
Neworld One Bay Street Limited, Oasis
Marketplace and Tropix Shipping.
“Communicative. Responsive. Knowledgeable.” (Banking)
“Very responsive and thorough in their research and feedback.” (Financial Services Regulatory)
“MBH are accessible, responsive, efficient and effective.” (Financial Services Regulatory)
