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

English court allows Noble convening meeting, comments on class splits

By Kyriaki Karadelis

02 November 2018

English court allows Noble convening meeting, comments on class splits The judge decided to split the creditors into only two classes at this stage / iStock.com/Baona

An English court has convened a pair of scheme meetings for distressed commodities trader Noble Group, providing a detailed commentary on the impact of a risk participation option and creditor fees on its scheme classes.