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The court’s role in the convening hearing stage of a scheme of arrangement process (Re Stronghold Insurance Company Ltd)

The court’s role in the convening hearing stage of a scheme of arrangement process (Re Stronghold Insurance Company Ltd)
Published on: 22 November 2018
Published by: LexisPSL
  • The court’s role in the convening hearing stage of a scheme of arrangement process (Re Stronghold Insurance Company Ltd)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?

Article summary

Restructuring & Insolvency analysis: In Re Stronghold Insurance Company Ltd, the judge decided whether an insurance company proposing a scheme of arrangement should convene a single class meeting of creditors. Jonathan Akinluyi and Riccardo Alonzi, associates at Skadden, Arps, Slate, Meagher & Flom (UK) LLP, discuss the implications of the decision. or take a trial to read the full analysis.

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