A restructuring plan completed earlier this year by Smile Telecoms notches up a number of firsts.
African telecommunications provider Smile Telecoms Holding Limited, incorporated in Mauritius, successfully completed a restructuring plan (the Plan) under Part 26A of the UK Companies Act 2006 at the end of March 2021.
The Plan features a number of novel actions, including:
European Union, United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Latham & Watkins LLP, Companies Act 2006 (UK)
Eurosail’s journey has come to an end: the Supreme Court rejects the “point of no return” test, returns to balance sheet basics.
John Houghton, European Head of Restructuring and Co-Global Chair of Bankruptcy and Restructuring remarks:
United Kingdom, Insolvency & Restructuring, Litigation, Latham & Watkins LLP, Liquidation, Balance sheet, Insolvency Act 1986 (UK)