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Restructuring & Insolvency weekly highlights—10 June 2021

Restructuring & Insolvency weekly highlights—10 June 2021
Published on: 10 June 2021
Published by: LexisPSL
  • Restructuring & Insolvency weekly highlights—10 June 2021
  • In this issue:
  • Restructuring
  • A hat trick of leading decisions on creditor cramdowns—treatment of landlord groups in New Look, Regis and Virgin Atlantic
  • Scheme meetings convened despite creditor objections (Re DTEK Energy BV)
  • Judgment alert: DTEK Energy BV and another company
  • Excluded creditors and non-voting creditors no bar to scheme sanction (Re Obrascón Huarte Lain)
  • Not all schemes are sanctioned—Amigo’s scheme to compromise redress claims was refused (Re ALL Scheme Ltd)
  • Guarantees, indemnities, set-off and variation (Brown-Forman Beverages Europe v Bacardi UK)
  • Commission welcomes political agreement on NPL legislation
  • More...

Article summary

This week’s edition of Restructuring & Insolvency weekly highlights includes the latest decisions on schemes of arrangement, analysis of the court’s dismissal of the strike out application in Nero Holdings Ltd’s CVA, changes to the eligibility criteria for debt relief orders, plus a round up of other R&I news. or take a trial to read the full analysis.

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