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)
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.
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