Topic: Scheme of arrangement

London firm Seddons has recruited a partner from Brown Rudnick with credits on the cross-border restructurings of Arcapita, Lehman Brothers and Toys R Us.

05 August 2020

Hours after its successful convening hearing in the UK, Virgin Atlantic filed for Chapter 15 recognition of its English restructuring plan in New York.

05 August 2020

Charles Russell Speechlys partner Prav Reddy has joined the London affiliate of US firm Katten Muchin Rosenman, in what is its first move into the restructuring sector outside the US.

04 August 2020

DLA Piper has hired Matthew Worth as a partner in its Hong Kong restructuring practice, two days after it added a new partner in Melbourne.

31 July 2020

An English court has sanctioned schemes for seven international subsidiaries of Luxembourg-headquartered Flint Group, finding a change of governing law in their debt agreements gave the companies sufficient connection to England.

30 July 2020

Guernsey-owned British fashion and homeware retailer Matalan has filed for Chapter 15 recognition of its English scheme, two days after it was approved by the High Court in London.

30 July 2020

An English court has let Dutch retailer Hema hold a creditors’ vote on the English scheme that is key to its planned multi-jurisdictional restructuring in the UK, the US and the Netherlands.

29 July 2020

An unsecured group of Hyflux’s bank lenders are preparing an application to place it under judicial management, while the embattled Singaporean company has also received new proposals from US and UAE investors.

28 July 2020

An English judge has approved Guernsey-owned British fashion and homeware retailer Matalan’s scheme of arrangement, for which it will seek US recognition in the coming days.

27 July 2020

The High Court of Justice in London has sanctioned a scheme for mining company African Minerals, despite only four unsecured creditors voting at the scheme meeting last week.

27 July 2020