Legal News

Hurricane Energy plan—sanction refused

Published on: 28 June 2021
Published by: LexisPSL
  • Hurricane Energy plan—sanction refused
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Restructuring & Insolvency analysis: This case analysis looks at whether Condition A (the no worse off test) requirement for cross class cram down (CCCD) under a Part 26A restructuring plan (or Part 26A plan or Part 26A scheme) was satisfied. We consider the written judgment of Mr Justice Zacaroli following the three-day contested sanction hearing. or take a trial to read the full analysis.

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