Court of Appeal Overturns Restructuring Plan Sanction and Looks at Cram Down

On 23 January 2024, Snowden LJ handed down the Court of Appeal's judgment in the Adler Restructuring Plan case - AGPS Bondco plc - overturning the sanctioning of the Plan by the High Court in April 2023.

Filed under:
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, A&O Shearman, Companies Act 2006 (UK), Corporate Insolvency and Governance Act 2020
Authors:
Michael Scargill , Paul Strecker , Maegen Morrison , Simon Burrows , Michael Mountain , Nick Withers , Richard Porter , Karla Dudek
Location:
United Kingdom
Firm:
A&O Shearman