Judge explains why Hurricane Energy plan failed “no worse off” test
An English judge has explained why Hurricane Energy’s restructuring plan failed the “no worse off” test for its shareholders in his published reasons for refusing sanction – and said even if it hadn’t failed the test, the plan would still have been rejected because the company is profitable.
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.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10