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

Bondholders take control of Lebara after Dutch enforcement ruling

By Benjamin Clarke

14 August 2019

Bondholders take control of Lebara after Dutch enforcement ruling iStock/Robert van 't Hoenderdaal

In a “ground-breaking” ruling in the Netherlands, a group of bondholders has taken control of English telecoms group Lebara through a coercive share pledge enforcement against its Dutch holding company, Vieo.