Indicative timetable for a scheme of arrangement under Part 26 of the Companies Act 2006
Produced in partnership with Geraldine Quirk of Bryan Cave Leighton Paisner

The following Restructuring & Insolvency precedent produced in partnership with Geraldine Quirk of Bryan Cave Leighton Paisner provides comprehensive and up to date legal information covering:

  • Indicative timetable for a scheme of arrangement under Part 26 of the Companies Act 2006

Indicative timetable for a scheme of arrangement under Part 26 of the Companies Act 2006

DateAction
From 98 days before the directions hearingDraft scheme of arrangement, explanatory statement, and proxy form (see Precedents: SCHEME OF ARRANGEMENT, Explanatory statement, Form of proxy)
From 98 days before the directions hearingPrepare complete listing of creditors with contact addresses
Where up-to-date addresses are not available, prepare note of work done to locate them for inclusion in evidence for leave to convene hearing
Prepare list of appropriate publications for advertisement of notice of meeting[s] to capture unknown creditors and those for whom up to date addresses are not available
Approx. 56 days before the directions hearingBook dates for leave to convene hearing and sanction hearing
From 42 days before the directions hearingDraft practice statement letter
35 days before the directions hearingDispatch practice statement letter to creditors
From 35 days before the directions hearingPrepare witness

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