Bevis Metcalfe is co-chair of Cadwalader’s Financial Restructuring Group and a partner in the Leveraged Finance & Private Credit Group based in London. Metcalfe is a well-known practitioner in the London finance and restructuring markets with a practice spanning all aspects of corporate credit, restructurings, complex cross-border insolvencies, and distressed M&A. Metcalfe has particular experience in infrastructure financings across a broad range of asset classes and jurisdictions.
Metcalfe has also been recognized as a Leading Bankruptcy & Restructuring Lawyer in the 2024 Lawdragon 500 guide. Clients say that Metcalfe is “outstanding” and “is hands-on and always across the detail of a transaction but can see the bigger picture in terms of his clients’ commercial objectives. Metcalfe can be a tough negotiator when required but really understands the art of the deal.” Metcalfe is described as “a knowledgeable lawyer who really loves his job. His experience especially on South African situations from a European perspective is bar none.” Others said Metcalfe “provides excellent advice and is accessible and pragmatic.”
Clients also say that “The Cadwalader team provided a very high level of counsel and service. They were responsive, always available to answer questions, and really helped drive to a great outcome. They not only excelled at the legal execution, but provided true advice and guidance, which is not always the case with other firms.” “Excellent skill set in the team with real partner involvement.”
Lawdragon Honors
| Honor | Year | Practice |
|---|---|---|
| The 2025 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers | 2025 | Finance & Restructuring |
| The 2024 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers | 2024 | Finance & Restructuring |
Metcalfe has advised clients on numerous significant Financial Restructuring and Finance matters, including the representation* of:
Financial Restructuring
- Bounty Brands in its restructuring in South Africa, Poland, Malta and the UK;
- The security agent and creditors in the Debenhams administration appointment and subsequent CVA challenge;
- The first lien lenders to Petra Diamonds Limited in its financial restructuring and scheme of arrangement;
- The security agent in the Galapagos group bank/bond restructuring;
- Aapico Hitech Plc on the restructuring of its interest in a UK, U.S. and Indian joint venture;
- A U.S. credit fund in the financial restructuring of a UK gaming business;
- Bain Capital in connection with Edcon Holdings' 2014 exchange offer and 2016 financial restructuring;
- A major creditor of Bartec in connection with Bartec's financial restructuring;
- The ad hoc committee of Senior Unsecured Noteholders of Towergate Insurance in connection with its financial restructuring; and
- The largest second lien creditor in the financial restructuring of the APCOA Group, named “European Restructuring of the Year” by IFLR Europe in 2015.
Finance
- Barclays as global coordinator and lead manager in connection with Inspired Gaming’s offering of £235m senior secured notes due 2026;
- KKR Credit and Partners Group on the second lien financing of Nordic Capital’s successful EUR1.1bn bid for Alloheim;
- J.P. Morgan in connection with various margin lending facilities;
- Goldman Sachs in connection with various leveraged and asset-backed credit facilities;
- Ares Management in connection with the unitranche financing of Parkingeye;
- Ares Management in connection with the financing of IK Partners’ acquisition of Visolit;
- An international multi-strategy asset manager in connection with facilities made available to the Steinhoff group;
- Unilode Aviation Solutions, a portfolio company of Basalt Infrastructure Partners, on all aspects of its bank facilities;
- BNP Paribas Asset Management, SCOR Investment Partners and BAE Systems Pension Fund on ib vogt’s multi-asset renewables holdco financing; and
- AMP Capital on a number of infrastructure debt investments.
*Certain representations occurred prior to Metcalfe's association with Cadwalader.