Brave New World for Czech miner as UK scheme sparks cross-border legal battle
In 2014, Eastern Europe’s largest coal miner completed a complex cross-border restructuring by shifting its centre of main interest to London to utilise an English scheme of arrangement; two years later a Czech court has ruled that the deal was unfair, allowing its chief subsidiary to sue the company for close to US$1 billion.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.