The Restructuring Plan’s cross-class cram down tool gives distressed companies new opportunities to impose contested deals on dissenting stakeholders through creative composition of “cramming” or “anchor” classes. No one can be surprised that debtors are using the law to their advantage, but how far will the courts let them go in the hunt for such anchor classes?
27 JUN 2025This article summarises the post-Brexit position regarding inbound and outbound recognition of insolvency and restructuring proceedings between the UK and the EU.
1 MAR 2021