The English Cases —Further Extension of UK Scheme of Arrangement for the Benefit of Foreign Companies
The Bank's Restructuring Proposal
United Kingdom, Banking, Insolvency & Restructuring, Litigation, Schulte Roth & Zabel LLP, Bond (finance), Judicial review
The UK Supreme Court today delivered an important decision on the meaning of the so-called 'balance sheet insolvency test' in s.123(2) of the Insolvency Act 1986 (UK) (BNY Corporate Trustee Services Limited v Eurosail 2007-3BL PLC [2013] UKSC 28 ("Eurosail")).
United Kingdom, Insolvency & Restructuring, Litigation, Schulte Roth & Zabel LLP, Debtor, Debt, Liability (financial accounting), Balance sheet, Insolvency Act 1986 (UK), UK Supreme Court
Sanctioning of LBT Composition Plan Becomes Final
Netherlands, Insolvency & Restructuring, Litigation, Schulte Roth & Zabel LLP, Bankruptcy, Lehman Brothers cases, Lehman Brothers