Paddy Rath
Partner
Ireland
Paddy specialises in structured finance and securitisation.
As part of our Finance and Capital Markets Practice Group he advises banks, asset managers, investors, trustees and issuers on a wide range of securitisation, structured finance and capital markets transactions. He has extensive experience in collateralised loan obligations (CLOs) and other asset-backed securitisations (including RMBS, CMBS and Auto ABS) involving Irish SPVs.
Paddy also advises asset managers on the establishment, maintenance and financing of European aggregation structures using Irish vehicles. He has advised a number of global asset managers on the establishment of loan origination and distressed debt acquisition structures using Irish SPV and / or ICAV structures. He has also advised on the acquisition and work-out of a number of non-performing Irish loan portfolios.
Paddy lectures on structured finance and securitisation as part of the Law Society of Ireland’s diploma in finance law.
Paddy also advises asset managers on the establishment, maintenance and financing of European aggregation structures using Irish vehicles. He has advised a number of global asset managers on the establishment of loan origination and distressed debt acquisition structures using Irish SPV and / or ICAV structures. He has also advised on the acquisition and work-out of a number of non-performing Irish loan portfolios.
Paddy lectures on structured finance and securitisation as part of the Law Society of Ireland’s diploma in finance law.
He is efficient, well experienced in his field and commercially focused and has excellent deal management skills.
Experience and recent work
Before joining Walkers, Paddy trained and worked as an associate at a top-five Irish Law firm. He also completed a six-month secondment to the Global Restructuring Group of Ulster Bank Ireland during this time.
Qualifications
Admitted in:
- Ireland
Education:
- BBLS, University College Dublin
- Diploma in Applied Finance, Law Society of Ireland
Member of the Incorporated Law Society of Ireland
Member of the Dublin Solicitors Bar Association
Member of the Dublin Solicitors Bar Association
2024 Legal 500 - Next Generation Partner: Capital Markets: Debt - "We have a consistently good experience with Paddy Rath. He provides commercial advice and is extremely responsive."
2023 IFLR1000 - "Paddy provides commercial and risk-weighted legal advice. He is responsive to clients' needs and has a good understanding of the Irish and European regulatory issues."
2022 IFLR 1000 (32nd Edition) - "He is a dynamic and knowledgeable lawyer, incredibly hard-working and dedicated to his clients. Highly attentive and always very pleasant to deal with. "
2022 Legal 500 - Recommended Lawyer (Capital Markets: Debt) - "Noeleen Ruddy and Paddy Rath are a great team of partners that work well together. Both are very attentive and pragmatic both on deal and off deal. Very clued into the market and collaborative with all deal parties."
2022 Legal 500 - Recommended Lawyer (Capital Markets: Debt) - "Walkers has a leading Irish capital markets practice with particular strength in structured finance, including CLOs and insurance-linked securities, both of which I work on as transaction counsel. Paddy Rath, Andrew Traynor, Noeleen Ruddy, Ian Mcnamee are our main contacts. They are all top professionals who invest in relationships and build them over time. They also make it easy for their clients by being proactive with points and actively driving resolution while not resorting to aggressive practices common in the legal world."
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"
Team Members
