Phillip Taylor

Phillip Taylor

Alston & Bird

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Smile Telecoms – Part 26A Restructuring Plan Proposed by a Non-English Company Excludes ‘Out of the Money’ Creditors and...

Our Financial Restructuring & Reorganization Group previews a significant sanction hearing after the court exercised its power under Section 901C(4) of the Companies Act 2006 to exclude ‘out of the money’ creditors and...more

2/16/2022  /  Creditors , Debt Restructuring , Insolvency , Restructuring , Shareholders

Amicus Finance – The First Part 26A Restructuring Plan Sanctioned by the UK Court Despite Opposition from a Senior Creditor Class

For the first time, a UK court has crammed down a dissenting class of senior secured creditors. Our Financial Restructuring & Reorganization Group reviews the court’s reasoning and sets out the main takeaways from the...more

1/24/2022  /  Creditors , Insolvency , Restructuring , UK
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