Much like the English Scheme of Arrangement which has become a popular debt restructuring solution for international debtors, the English High Court is an attractive forum for insolvency litigation thanks to the potent combination of wide-ranging powers available to Insolvency Practitioners (IPs) under the Insolvency Act 1986, and the increasing availability of litigation funding arrangements in the London market.
United Kingdom, Insolvency & Restructuring, Litigation, Latham & Watkins LLP, Debtor, Debt restructuring, Insolvency Act 1986 (UK), High Court of Justice (England & Wales)