UK Court voids voluntary arrangement after disqualifying Icelandic bank’s approval
The UK High Court has revoked a restructuring deal struck between a British property tycoon and lenders to whom he owed more than £582 million, finding that former Icelandic bank Kaupthing’s approval of the deal at a creditors’ meeting was inadmissible.
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