Jan 29, 2021 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...
Jan 29, 2021 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...
Jan 27, 2021 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...
Jan 27, 2021 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...
Jan 22, 2021 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...
Jan 21, 2021 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...
Jan 18, 2021 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...
Jan 18, 2021 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...
Jan 14, 2021 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...
Jan 13, 2021 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...
Jan 11, 2021 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...