UK Court dismisses “palpable nonsense” argument that 2001 restructuring undermines Tanzanian recovery action
The UK high court has granted summary judgment against a Tanzanian power company and its operators, holding that the position they have taken in parallel African proceedings, where they allege a 2001 restructuring nullified loan agreements owned by Standard Chartered bank, would have no prospect of success in England.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.