Timothy Sackar

Partner, Sydney



Timothy is a partner in the Firm's Financial Restructuring and Insolvency Group, specialising in business restructuring, distressed investing and insolvency.

Timothy has gained extensive experience and expertise by actively participating in a wide range of significant matters in Australia, Asia, and the UK. Timothy provides comprehensive guidance to debtors, financial creditors, sponsors, bondholders, and directors on all aspects of restructurings, workouts, and cross-border insolvencies.

His vast knowledge encompasses distressed investments and restructuring strategies, encompassing both voluntary and compulsory insolvency regimes, trading of debt at distressed or par values, as well as overseeing the sale of non-performing loan portfolios.

Timothy also offers guidance to insolvency practitioners on matters such as their appointments, duties, and the efficient disposal of estate assets.

Bars and Courts
New South Wales
England and Wales
Bachelor of Laws
University of Technology Sydney
Masters of Business
University of Sydney



  • Deloitte Restructuring Services partners as the voluntary administrators appointed to Virgin, including on the successful restructure and sale of the airline to Bain Capital. Timothy advised on all aspects of the competitive and comprehensive sale process, including complex negotiations to effect the restructure and sale. This also involved all legal advice relating to the running of the airline while under external administration.*
  • Marlin Brands in relation to the group's restructuring and acquisition by Oaktree.*
  • The two monoline insurers (Syncora Guarantee Inc. and FGIC UK Limited) that had credit wrapped Reliance Rail's entire $2 billion debt profile to secure a successful restructuring/ refinancing of the debt.
  • Myer on its recent debt restructuring and refinancing.*
  • Crabtree & Evelyn on its restructuring in Australia.*
  • The facility agent and the security trustee of the Orionstone financing syndicate on the merger and restructuring of Emeco, Orionstone and Andy's Earthmovers.*
  • Various investments funds in relation to the loan and security documents for Nine Entertainment, as well as the restructuring proposal implemented by scheme of arrangement.*


  • The security trustee of the Network Ten financing syndicate in respect of the receivership and subsequent sale to CBS.*
  • Flow Systems’ secured creditor on the insolvency of the group.*
  • The Voluntary Administrators of Atlas Construction Group on their duties and VA process generally.*
  • The facility agent and the security trustee of the lending syndicate on the restructuring of the Redbank Power Project and appointment of receivers and managers.*
  • A major foreign institution in Griffin Coal’s insolvency and related sales process.*
  • A major foreign institution in regard to Austcorp Group's restructuring and insolvency.*
  • A number of matters regarding the wind down or merger of insurance portfolios with the use of voluntary or compulsory insolvency regimes, schemes of arrangement or negations, including matters for HIH group, Bupa, IAG and SunLife.*

*Some of the experience above was prior to joining White & Case

Awards and Recognition

Ranked in Restructuring and Insolvency, Chambers Asia-Pacific 2017-2013

Leading Individual in Restructuring and Insolvency, Legal 500 2020-2023

Leading Lawyer and Highly Regarded in Restructuring and Insolvency, IFLR1000 2020-2022

Most Influential Lawyer – Business, Australasian Lawyer 2021

Lawyer of the Year – Distressed Investing and Debt Trading, Best Lawyers Australia 2023

One of Australia's Best Lawyers –Insolvency and Reorganisation Law, Best Lawyers Australia 2015-2024

One of Australia's Best Lawyers – Distressed Investing & Debt Trading, Best Lawyers Australia 2015-2024

New South Wales' "pre-eminent" Insolvency and Restructuring Lawyers, Doyle's Guide 2022

New South Wales' leading Insolvency and Restructuring Lawyers, Doyle's Guide 2014-2019

New South Wales' recommended Insolvency and Restructuring Lawyers, Doyle's Guide 2020

Winner for Insolvency, Lawyers Weekly Partner of the Year Awards 2021