Paddy Rath

Paddy Rath


T +353 1 470 6657
M +353 87 271 0676

Practice Areas

Paddy Rath is based in Walkers' Ireland office where he is a Partner in the firm's Finance and Capital Markets team. Paddy's principal practice areas are finance and capital markets, securitisation, private equity, distressed investment and corporate restructuring.

In particular, Paddy advises on Irish and EU legal and regulatory aspects of the establishment, financing, operation and management of Irish special purpose vehicles and other investment vehicles which acquire a broad range of asset classes (including loans, mortgages, receivables, distressed assets and insurance-linked securities) from around the world.

Paddy also regularly advises borrowers and lenders in relation to various lending transactions from short-term unsecured loans to multi-currency syndicated loans and revolving facilities.

Some of Paddy's recent transactions include:

  • Acting as issuer counsel in relation to a defaulting €375,000,000 Commercial Mortgage Backed Securitisation;

  • Advising a leading global reinsurer in relation to the establishment of a US$55,000,000 Irish reinsurance vehicle in Ireland;

  • Acting as lead counsel to a number of US hedge funds and private equity funds which invest in distressed, stressed, performing and non-performing European assets;

  • Acting as trustee and agency counsel on Irish law capital market deals; and

  • Regularly advising lenders on all types of bi-lateral and syndicated lending transactions.

Prior to joining Walkers, Paddy worked in the Corporate Restructuring and Insolvency Group of a top five Irish Law firm. During this time Paddy also completed a six-month secondment in the Global Restructuring Group of a large Irish Bank.

Admitted In:

BBLS, University College Dublin
Diploma in Applied Finance, Law Society of Ireland

2021 Legal 500 - ‘Paddy Rath and Noeleen Ruddy are a great team that have really developed a fantastic Irish CLO team. Very collaborative with each other internally and with others on transactions. Very proactive about keeping in touch off deal.’

2020 Legal 500 - Recommended Lawyer (Capital Markets: Debt) - "Matters are given due attention by partners and other senior lawyers, and their advice is pragmatic and commercial."

2019 Legal 500 - Recommended Lawyer (Capital Markets) - Paddy Rath is 'very commercial, responsive and collaborative' 

2018 Legal 500 - Recommended Lawyer - 'Concise and to the point'

Member of the Incorporated Law Society of Ireland

Member of the Dublin Solicitors Bar Association