JD Supra

Schemes Of Arrangement And Why Loan Note Investors Should Be Wary Of Governing Law Amendment Mechanisms

In the matter of DTEK Finance B.V. [2015] EWHC 1164 (Ch), 28 April 2015, a change in the governing law of loan notes from New York law to English law was sufficient to found jurisdiction for the ...
JD Supra

First English Scheme of Arrangement Recognised in Canada under the CCAA

The Syncreon group, which is headquartered in the United States and operates in more than 20 countries, provides specialised logistics and technology services. The group proposed a restructuring of ...
Law

Matalan: Enforcing English Schemes in the U.S. Under Chapter 15 on Credit Default Swaps

In the Distress Mergers and Acquisitions column, Corinne Ball and George Cahill highlight that whether an English scheme or Chapter 15 will constitute a Bankruptcy Credit Event needs to be carefully ...