On Wednesday 29 April the Outer House of the Court of Session in Edinburgh issued an opinion sanctioning two schemes of arrangement proposed by Premier Oil Plc and Premier Oil UK Limited (together, Premier Oil) (the Schemes). The Court addressed multiple grounds of challenge and did so without hearing live evidence, despite disputes of fact between the parties.
European Union, United Kingdom, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Weil Gotshal & Manges LLP
A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").
Jersey, United Kingdom, Insolvency & Restructuring, Bedell Cristin, Debtor, Commercial property, Limited partnership, Liquidation, Commercial mortgage-backed security, Unit trust, Insolvency Act 1986 (UK), Courts of Jersey
A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").
Jersey, United Kingdom, Insolvency & Restructuring, Bedell Cristin, Debtor, Commercial property, Limited partnership, Liquidation, Commercial mortgage-backed security, Unit trust, Insolvency Act 1986 (UK), Courts of Jersey