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Administrations a new (restructuring) plan of action? (Amicus Finance plc)

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Published on: 06 August 2021
Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

  • Background
  • Terms of the plan
  • Convening order & next steps
  • Implications for administrators

Article summary

Restructuring & Insolvency analysis: After a somewhat stop/start convening hearing concluded in July 2021, Amicus Finance plc (in administration) (Amicus) was the first company given the opportunity to convene creditor meetings for a Part 26A restructuring plan while in administration. Written by James Davison and Izzie Drylie of DLA Piper.

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Jurisdiction(s):
United Kingdom

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