Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Dee Valley: Limits on a dissenting minority blocking a scheme of arrangement

By Rebecca Jarvis

20 February 2017

Partners Rebecca Jarvis, Nick Le Masurier and Jo Windsor of Linklaters in London consider a recent landmark court ruling that poured cold water on the use of share or debt splitting strategies to block an English scheme of arrangement - and ask whether the time may have come to revisit the majority in number test in UK schemes.

Dee Valley: Limits on a dissenting minority blocking a scheme of arrangement Dee Valley Group and Severn Trent are UK water services providers (Credit: iStock.com/TerryJ)