British universities facing financial challenges and shifting enrollment patterns are considering restructuring plans in light of potential insolvencies.
United Kingdom, Insolvency & Restructuring, Public, Greenberg Traurig LLP, Universities and research institutions
On 11 June 2024, Mr. Justice Leech handed down a landmark UK judgment relating to wrongful trading and misfeasance against the former directors of the BHS Group of companies (BHS) pursuant to the Insolvency Act 1986 (IA86).
The 533-page judgment saw one of the largest reported wrongful trading awards since the introduction of IA86, as well as a novel claim for “misfeasant trading.”
United Kingdom, Insolvency & Restructuring, Litigation, Greenberg Traurig LLP, Companies Act 2006 (UK), UK Supreme Court
In part 2 of this 3-part series, Omni Bridgeway turns to Nathan Landis, an Investment Manager based in our Perth office, Shane Taylor, a Business Development Director based in our Sydney office,
Australia, Indonesia, Malaysia, Thailand, Energy & Natural Resources, Insolvency & Restructuring, Legal Tech, Litigation, Projects & Procurement, Omni Bridgeway, Renewable energy, Force majeure, Coronavirus