Key Takeaways
At the COP26 climate summit in November 2021, over forty countries committed to phase out use of coal-fired power.
Canada, Global, USA, Energy & Natural Resources, Environment & Climate Change, Insolvency & Restructuring, Litigation, Freshfields Bruckhaus Deringer, COP26
On 29 September 2021, the English High Court rejected a challenge in respect of Caff Nero's company voluntary arrangement ("CVA"), brought by a landlord on the grounds of material irregularity and unfair prejudice. The single disgruntled landlord, with the backing of the EG Group ("EG") (who were interested in acquiring Caff Nero), argued that the directors of the company and the CVA nominees breached their respective duties in refusing to adjourn or postpone the electronic voting process to vote on the CVA, after EG had submitted an eleventh-hour offer for Caff Nero.
United Kingdom, Insolvency & Restructuring, Litigation, Dechert LLP, Coronavirus, Company voluntary arrangement