The English law scheme of arrangement (or “scheme”) has re-emerged as a favoured tool of choice for those engaged in complex financial restructurings, in particular where a consensual solution may not be capable of implementation. This bulletin focuses on the key terms of the most high profile recent schemes, including those of WIND Hellas, La Seda, European Directories and Cattles, and identifies current hot topics and market trends.
Background
United Kingdom, Insolvency & Restructuring, White & Case, Debt, Liquidation, Stakeholder (corporate), Valuation (finance), Companies Act 2006 (UK)