Ceri has had key roles in ground - breaking
creditor schemes of arrangement in the UK and offshore, such as Rodenstock GmbH, T&N Ltd and recently in the SPhinX liquidation in the Cayman Islands.
«
Creditor Schemes of Arrangement and Company Voluntary Arrangements in recent debt restructurings», Corporate Rescue and Insolvency, 2013 (with Raquel Agnello QC)
Not exact matches
Atlas said the restructuring was expected to be implemented via a
creditor's
scheme of arrangement, implying it had not achieved unanimous support from its lenders for the plan.
He has been involved in preparing
schemes of arrangements between companies and their
creditors and reconstruction and amalgamation
schemes for solvent groups
of companies, often under time - sensitive and pressing conditions.
Ben's transactional work has included both
creditor and member
schemes of arrangement under Part 26
of the Companies Act 2006, numerous reductions
of capital and other reserves for listed public companies and cross-border mergers under the Companies (Cross-Border Mergers) Regulations 2007.
It was also relevant that under a CVA all the
creditors of the company vote in one block — in a
scheme of arrangement different classes
of creditors are separated from each other and can veto in their separate capacities.
The transaction, implemented via two Australian
creditors»
schemes of arrangement and a subsequent recapitalisation through a partial debt - for - equity swap, sees Bis cut its total debt from approximately A$ 1.2 billion to approximately A$ 280 million (plus A$ 38 million
of finance leases).
article keywords: Commercial Litigation, enforcement
of foreign judgments, insolvency, real and substantial connection, interlocutory orders, recognition, restructuring, CCAA, winding up, interlocutory orders, conflict
of laws, international litigation, foreign orders, foreign judgments, Companies
Creditors» Arrangement Act, bankruptcy, insurance, reinsurance, plan of arrangement, scheme,
Creditors»
Arrangement Act, bankruptcy, insurance, reinsurance, plan of arrangement, scheme
Arrangement Act, bankruptcy, insurance, reinsurance, plan
of arrangement, scheme
arrangement,
scheme,
creditorscreditors
Re Anglo American Insurance Co Ltd [2001] 1 BCLC 755 (Neuberger J. — Chancery Division) Questions concerning set - off
arrangements raised on the hearing
of a petition seeking sanction for a
creditors»
scheme of arrangement under Section 425
of the Companies Act 1985.
This case is an excellent example
of the flexibility
of a
scheme of arrangement to assist the restructuring
of any company with a sufficient connection to England and
of the English Courts» «can do» approach when it comes to restructurings proposed for the benefit
of a company's
creditors as a whole.»
Mayer Brown, a global leading law firm, today announced The Vietnam Shipbuilding Industry Group («Vinashin»), a Vietnamese government - owned company registered in Vietnam, yesterday successfully applied to the High Court for sanction
of a
scheme of arrangement with certain
of its
creditors pursuant to a US$ 600 million facility.
Represented
creditors of insolvent companies in
schemes of arrangement and judicial management.