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Court directs convening of scheme meetings in Nyrstar restructuring (Re NN2 Newco Ltd; Re Politus BV)

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Published on: 06 August 2019

Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

What are the practical implications of the judgment?
What was the background?
What did the court decide?
Jurisdiction
Class composition

Article summary

Restructuring & Insolvency analysis: Riccardo Alonzi, associate at Skadden, Arps, Slate, Meagher & Flom (UK) LLP, examines the High Court’s approach in Re NN2 Newco Ltd; Re Politus BV to jurisdiction and class issues when it directed that meetings be convened in relation to two schemes of arrangement in the capital and debt restructuring of the Nyrstar global metals business.

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