Thomas Jemmett

Since joining Kirkland, Thomas’s representative matters include advising:

• Strategic Value Partners and Pfleiderer to close a liability management transaction
• An ad hoc committee of creditors, including Strategic Value Partners, Cross Ocean and Deutsche Bank, on the successful $2.2 billion restructuring of the Intu SGS Group, implemented by way of UK scheme of arrangement
• Funds managed by AGG Capital Management Limited, a subsidiary of Arrow Global Group, on the strategic acquisition of a majority position in AFE S.A. SICAV-RAIF
• Flint Group on its €1.3 billion recapitalization
• Keter Group on its financial restructuring
• Pronovias on its financial restructuring
• Cimolai S.p.A. on its UK restructuring plan that was the first to be successfully sanctioned in parallel with a European ‘preventive restructuring’ process
• Hilding Anders in connection with its recapitalisation implemented via a UK scheme of arrangement
• An ad hoc group of the major financial creditors of the Steinhoff retail conglomerate on its restructuring via the first major international Dutch law restructuring plan
• AlbaCore Capital on the restructuring of Babylon Health
• Smile Telecoms group in relation to its ground-breaking restructuring plan which is the first and only plan to disenfranchise out-of-the-money creditors
• The Euro Garages Group (EG Group) in relation to its proposal to acquire the Caffé Nero group, subject to a Company Voluntary Arrangement
• An ad hoc group of bondholders on the restructuring of Olympic Entertainment Group
• Macquarie as sole lender in connection with the amendment and restatement of facilities provided to Basware Oyj as borrower 
• PizzaExpress on its €1 billion restructuring by way of restructuring plan and CVA
• Noble, on its US$3.5 billion restructuring via parallel English and Bermuda schemes of arrangement
• The €2.6 billion convertible bond committee on the Steinhoff restructuring (and now acting for all financial creditors on the terms of the proposed settlement)
• The Galapagos group in relation to its highly contentious financial restructuring

Prior to joining Kirkland, Thomas’s representative matters included advising:

• Hibu
  • on a refinancing of its cash pay and PIK debt through the issuance of a high yield bond and entry into a revolving credit facility
  • on the reorganisation of its capital structure by way of parallel schemes of arrangement
• An ad hoc group of term loan lenders to a distressed retail business
• An ad hoc group of term loan lenders to a distressed retail business in Chapter 11
• Punch Taverns plc
  • on its acquisition by Vine Acquisitions Limited and the disposal of the Punch A securitisation group to Heineken UK Limited
  • on the capital restructuring of its Punch A and Punch B securitisations

Slaughter and May, London

• Associate, 2013–2018
• Trainee Solicitor, 2011–2013