1/29/2021 10:48:26 AM It works! DeepOcean’s fair wind fills the sails for UK cross-class cram down By Katharina Crinson Charlotte Schofield Richard Tett After Virgin Atlantic and Pizza Express achieved ‘too much consent’ and did not need cross-class cram down in the end, DeepOcean is the...
1/29/2021 12:00:00 AM Football and Spanish securitisation funds By Ana Julia Garcia Antonio Ramírez Isabel Villa Among the latest off-field football-related developments comes news that Spain’s Real Madrid has extended its agreement over its...
1/27/2021 12:50:52 PM Duty of care in UK insolvency sales By Nicholas Cooper In Uralkali v Rowley and another [2020] EWHC 3442 (Ch), the High Court confirmed that it is unlikely that an officeholder would be found...
1/27/2021 7:49:38 AM Reported to the Italian tax authorities under DAC6? Here's what happens next By Toni Marciante With the first DAC6 reporting deadline approaching, it may be that certain arrangements need to be reported to the Italian tax...
1/22/2021 12:13:43 PM The WHOA in operation: first court orders regarding the Dutch scheme published By Charlotte Ausema The Act providing for court confirmation of a private restructuring plan (Wet homologatie onderhands akkoord (WHOA)) entered into force...
1/21/2021 12:00:00 AM Smooth take off for Malaysia Airlines’ UK scheme of lease liabilities By Craig Montgomery Adam Jones On 20 January 2021, the UK High Court approved the convening of a single scheme meeting for certain aircraft lessors of MAB Leasing...
1/18/2021 1:59:53 PM Leveraged cash-outs: is the tax saving legitimate? By Toni Marciante A leverage cash-out is a transaction whereby: the original shareholder steps up the tax base in the participation of the target company...
1/18/2021 11:44:20 AM DeepOcean: the first UK cross-class cram down – UK restructuring plans work! By Katharina Crinson Richard Tett Frederick Money The High Court has, for the first time, sanctioned a restructuring plan exercising the power to cross-class cram down. The court handed...
1/14/2021 8:00:35 AM Dutch law share pledge enforcement: update following recent case law By Barbara Slooter Tim Elkerbout Following the entering into force of the Dutch Scheme on 1 January this year, allowing for court confirmation of private restructuring...
1/13/2021 1:14:20 PM Getting deals through in 2021: navigating a new political and economic landscape By Theodore Souris Sarah Jensen The COVID-19 pandemic, geopolitical tensions and ongoing debates about the role of antitrust in delivering societal goals have driven a...
1/11/2021 12:00:00 AM Ouch, it’s a hard Brexit for UK restructuring and insolvency – but life goes on By Katharina Crinson Nicholas Cooper At 11pm on 31 December 2020, the UK-EU Trade and Cooperation Agreement (TCA) came into effect, implementing the UK’s exit from the single...