Legal News

Class and jurisdictional issues in schemes of arrangement (Re New Look Secured Issuer plc and another)

Published on: 22 May 2019
Published by: LexisPSL
  • Class and jurisdictional issues in schemes of arrangement (Re New Look Secured Issuer plc and another)
  • What are the practical implications of the judgment?
  • What was the background?
  • What did the High Court decide?
  • Jurisdictional issues
  • Substantial effect
  • Classes

Article summary

Restructuring & Insolvency analysis: Charlotte Cooke, barrister at South Square, examines the High Court’s decision in Re New Look Secured Issuer plc and another to grant applications by two companies for orders pursuant to section 896 of the Companies Act 2006 (CA 2006) to convene meetings of their creditors to consider proposed schemes of arrangement. or take a trial to read the full analysis.

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