Court awards first security for costs order in respect of a challenge to a restructuring plan

Court awards first security for costs order in respect of a challenge to a restructuring plan.

Key takeaways

The High Court has for the first time awarded security for costs in respect of a challenge to a proposed English restructuring plan.1

Filed under:
United Kingdom, Insolvency & Restructuring, Litigation, A&O Shearman, Companies Act 2006 (UK)
Authors:
Joel Ferguson , Nick Charlwood , Susanna Charlwood
Location:
United Kingdom
Firm:
A&O Shearman