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Neil Smyth

Partner

What can I do for you

I help businesses and individual clients on all issues arising from financial distress. I advise clients on how to deal with their own financial distress; lenders, investors, private equity, venture capitalists and various other stakeholders on the financial distress of their borrower or investment; clients on the financial distress of counterparties and insolvency practitioners on insolvency process issues.

Supporting your ambitions

My role is to help clients resolve the issues that they face arising out of financial distress. This has included assisting a company on the brink of going into administration and with the prospect of creditors receiving nothing, to conclude a business sale that resulted in all creditors being paid in full over time out of deferred consideration payments. I have also assisted a client to control the transition of a critical insolvent business to an approved operator through enforcement of security. This gave the client security of supply and an enhanced financial return.

What do others say

Neil has been described as a “seriously impressive lawyer” in Chambers 2018 who does “not rush at any problem” and with “everything done with a purpose and elegance that is highly impressive”. Legal 500 2018 describes him as “very good on contentious insolvency issues and pursuing recalcitrant directors”.

What else should you know

I am a member of R3, the representative body for insolvency practitioners, and sit on the editorial board for its quarterly publication, Recovery magazine, having guest edited that publication. I also regularly present on courses run by R3 as well as other organisations like Lexis Nexis and have recently contributed to an article in Corporate Rescue & Insolvency.

What our clients say about us

  • I think Mills & Reeve are a wonderful firm. The support they have provided to us in a really difficult area has been brilliant, collaborative and commercially minded. The team were absolutely wonderful and a joy to work with. Amazing advice and support and a real collaborative effort with us. I can't thank them enough for getting us through some really tough times and doing so with an amazing can-do attitude.
  • They are friendly, fast, always available and always on top of the game. I tend to judge my legal team against the other side's legal team and never doubt Mills & Reeve is the better of the two.
  • All interactions have been very clear. Responses to questions have always been very swift and unambiguous. Our company, and my family, have used various services in Mills & Reeve with the same level of satisfaction.
  • I value the fact that Mills & Reeve are recognised as a good place to work in the UK Best Companies survey. This aligns with the values of our business and means that Mills & Reeve can share what is required to achieve this status with our business.

As many clients will testify, too many lawyers deliver the required legal expertise but fail to deliver an outstanding client experience. Which is why we always listen to our clients and constantly ask ourselves what we can do to deliver the results you expect.

You expect a close and attentive working relationship, with a lawyer that is responsive and available when you need them. You also want clear, pragmatic and commercial advice tailored to your needs, and transparency and certainty on costs. We completely agree. That’s why every day, through our culture and approach we are committed to delivering the exceptional results and service our clients expect of us.

Related sectors and services

  • Finance
  • Real estate
  • Restructuring and insolvency
  • Surety
  • Health and care
  • Food and agribusiness
  • Corporate, commercial and finance
  • Built environment
  • University financial resilience
  • Private wealth