Summary
European Union, United Kingdom, Insolvency & Restructuring, Litigation, Public, Morrison & Foerster LLP, Corporate governance, Brexit
The UK’s reformed restructuring regime shows its force with the first successful cross-class cram-down following the introduction of the new restructuring plan. A quick legal update on the key features of the restructuring plan and the analysis of the recent cases can be found in the infographic below.
Contributors to this update were Howard Morris, Amrit Khosa, Jai Mudhar, Joe Donaghey, and Haania Amir.
United Kingdom, Insolvency & Restructuring, Morrison & Foerster LLP, Corporate governance, Companies Act 2006 (UK), Insolvency Act 1986 (UK)