Legal News

Walker Morris advises on the first Part 26A Restructuring Plan sanctioned in the regions

Published on: 20 January 2023

Table of contents

  • Background
  • Part 26A restructuring plan
  • Case details

Article summary

Restructuring & Insolvency analysis: Walker Morris has acted as legal advisors to NGI Systems & Solutions Ltd (NGI) in what is understood to be the first sanctioning of a Part 26A Restructuring Plan outside of London (the Plan). On 16th January 2023, His Honour Judge Davis-White KC, sitting in the Business and Property Court in Leeds, sanctioned NGI's proposed Restructuring Plan of The Good Box Labs Co Ltd (GoodBox). Written by Gawain Moore of Walker Morris who led the team, supported by Ashley Armitage and Oliver Wheeler and instructed Matthew Maddison, of Enterprise Chambers, as Counsel.

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