Latest by Kate Watson

Publication

The UK's new restructuring plan

Published on 21 April 2021. By Paul Bagon, Partner and Tim Moynihan, Partner and Kate Watson, Associate

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The UK has introduced the Restructuring Plan; a new, flexible court supervised restructuring tool. The Restructuring Plan draws upon features of the existing Companies Act 2006 scheme of arrangement procedure (which remains available) but includes features which are new to the UK but similar to those under U.S. Chapter 11 bankruptcy proceedings.

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