Toby Smyth

Toby Smyth is a Partner in Simpson Thacher’s Restructuring team in London. Toby is recognized by Chambers as a “rising star of the industry” who is “fully aligned with delivering the best outcomes for his clients”. Toby has extensive experience acting for a wide range of stakeholders including sponsors, debtors, par lenders, secondary investors, officeholders and other key parties involved in complex cross-border restructuring and insolvency mandates.

Prior to joining Simpson Thacher, Toby served as legal counsel, on secondment, at Sculptor Capital Management.

Toby’s recent experience includes representing:

• KKR on all aspects of its investment in the Accell Group, involving debt of €1.3bn
• Matches Fashion on its refinancings and subsequent sale to the Frasers Group
• Goldman Sachs on its 50% ownership of the Flint / ColourOz group in relation to its comprehensive restructuring, involving debt of €1.3bn
• KKR on its majority ownership of the Telepizza / Food Delivery Brands group in relation to its comprehensive restructuring and debt-for-equity swap
• Toucan Energy group, the U.K.-based solar park business, on its corporate structure, almost £1bn of debt and restructuring options going forward
• Joint administrators of Avanti Communications, the U.K. satellite company, on its debt-for-equity swap implemented through pre-pack administration
• Joint administrators of the Global Brands Group, including on the pre-pack and subsequent disposals of key international brands and U.K., Hong Kong and U.S. joint venture interests

Toby's select experience prior to joining Simpson Thacher includes representing:

• Arcadia Group in connection with its multiple CVAs, pensions liability restructuring, subsequent administration and disposals
• Steinhoff Europe on the structuring and implementation of return of value to its creditors owed approximately €7 billion
• Getronics group on various matters across 27 countries leading up to its financial restructuring and sale
• House of Fraser on its sale to Sports Direct
• Monarch Airlines on its refinancings, relicensings and administration
• The court-appointed special managers and liquidator to certain Carillion group companies
• The pension trustee as largest creditor to the Interserve group