Gawain Moore, Ashley Armitage and Oliver Wheeler discuss the sanctioning by the Business and Property Courts in Leeds of the first creditor-led Part 26A restructuring plan.
United Kingdom, Compliance Management, Insolvency & Restructuring, Litigation, Walker Morris LLP, Corporate governance, Articles of association, Coronavirus, Insolvency, Financial Conduct Authority (UK)
In light of the COVID-19 crisis, a Grand Ducal Regulation was published on 25 March 2020 (the Regulation)[1] that suspends certain procedural deadlines applicable in civil and commercial matters during the Luxembourg state of crisis. The Ministry of Justice has clarified that this suspension also relates to insolvency matters.