England - London • Finance

Simpson Thacher & Bartlett LLP

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Effectively able to leverage the firm’s institutional ties with a raft of private equity heavyweights, including KKR, and also benefiting from good officeholder relationships, Simpson Thacher & Bartlett LLP‘s nascent restructuring team has performed well in the market, picking up ’strong and important mandates from key players’. As well as defensive debtor side work for sponsor clients, the team, which is led by ‘class act’ Adam Gallagher, has also picked up work for funds providing private capital in stressed situations. The ’detail oriented and responsive’ James Watson , who founded the UK team in 2021 with Gallagher, is ‘highly technical, likeable and user friendly’ and has experience in domestic and cross-border restructurings and formal insolvency situations.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Led by arguably the most commercial and pragmatic lawyer in the London market in Adam Gallagher. Marc Hecht is also a real talent and rising star.'
  • 'James Watson is a detail orientated and responsive partner, and not afraid to give a view when the situation calls for it.'

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Key clients

  • KKR (Food Delivery Brands / Telepizza)
  • FTI Consulting LLP as administrators to certain Avanti group companies

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Work highlights

  • Advised the Norwegian specialist cruise operator Hurtigruten and its sponsor, TDR, on its €1.3bn multi-stakeholder recapitalisation.
  • Advised KKR in relation to the restructuring of Telepizza/Food Delivery Brands involving debt of c. €530m.

Abbreviated data is displayed for this firm.