British care home group’s Part 26A plan raises question on shareholders’ interests
The Lifeways Group runs supported living care homes (Credit: Shutterstock.com/imacoconut)
Seven companies in a British care home group have been permitted to convene restructuring plan meetings for up to five creditor classes, after the English High Court rejected requests from the group’s former CEO to be placed in a separate class to unsecured creditors.
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