The Part 26A Restructuring Plans (the "Plans") proposed by each of Virgin Active Holdings, Virgin Active Limited and Virgin Active Health Clubs Limited (the "Plan Companies") have been sanctioned by the court. This decision has been eagerly anticipated by the restructuring and insolvency market, struggling tenants and the beleaguered landlord community.
European Union, United Kingdom, Insolvency & Restructuring, Leisure & Tourism, Litigation, Real Estate, Stephenson Harwood LLP