EMEA Covenants: The New Part 26A Tool in Practice; Increasing Scheme Challenges by Creditors

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By Reorg Radio. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Reorg’s Head of EMEA Covenants Shweta Rao speaks to Senior Legal Analyst Shan Qureshi about: How the cross-class cramdown tool in the new Part 26A works in practice, with debtors able to bind whole classes of dissenting creditors to their plans; How the usefulness of the Part 26A plan has been curtailed across Europe due to Brexit and English Courts’ interpretation of the tool’s application - local law recognition procedures across Europe will need to be examined on a case-by-base basis; and How both schemes and part 26A plans are hard to successfully challenge. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

286 episodes