Does the U.S. Need a Scheme of Arrangement?

The following session took place during the 2025 International North American Insolvency Symposium in November 2025. The U.K. Scheme of Arrangement and other international restructuring tools have attracted global attention for their flexibility and effectiveness. This panel will explore whether the U.S. should adopt a similar framework, and will analyze potential benefits, challenges and implications for debtors and creditors within the existing chapter 11 system. All sessions from this conference can be accessed at https://cle.abi.org/.

Materials are available here.

Speakers:

Hon. Elizabeth S. Stong, Moderator
U.S. Bankruptcy Court (E.D. N.Y.) | Brooklyn
Kathlene Burke
Maples and Calder | Dublin, Ireland
Hon. Allan L. Gropper
U.S. Bankruptcy Court (S.D. N.Y.) | New York, NY
Hon. Justice Michael Quinn
High Court | Dublin, Ireland

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Conference
2025 International North American Insolvency Symposium
Date