Bankruptcy exit/ discharge
J Crew’s confirmed Chapter 11 set to swap debts and reject leases
Weil, Gotshal & Manges and Virginia-based Hunton Andrews Kurth have secured court approval for American retailer J Crew’s pre-packed debt-for-equity swap plan, despite a slew of objections.
01 September 2020
Texan trustee seeks UK’s help in suspected brotherly bankruptcy fraud
The Texan trustee of a discharged bankrupt now suspected of possible bankruptcy fraud with his brother, is using the UK’s cross-border insolvency law to try to access a London Thameside property.
28 July 2020
Paragon shareholder again fails to challenge UK-US restructuring
A former shareholder of oil services company Paragon, who failed repeatedly to challenge its Chapter 11 plan, has now failed to challenge its UK administration too.
22 July 2020
Satellite company OneWeb enters plan with UK government-backed consortium
London-based company OneWeb is seeking approval of its Chapter 11 plan support agreement with a UK-Indian consortium, which has agreed to step in as DIP lender and buy it out of bankruptcy.
09 July 2020
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