Virgin Atlantic Airways restructuring wins IFLR1000 Europe Restructuring Deal of the Year 202130 April 2021
The deal is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis.
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Covid-19 Aviation Restructuring Report 2.029 April 2021
This updated edition explores how the market’s response has developed, the trends that have emerged and some significant changes to legislation in the UK and incorporates a valuable table comparing the key features of a UK scheme of arrangement, a UK restructuring plan and the US’s Chapter 11 rehabilitation procedure, as well as case studies on the restructurings of Virgin Atlantic Airways and Malaysian Airlines Berhad.
WFW wins Ishka’s Restructuring Deal of the Year 201915 October 2020
The firm has won the ‘Restructuring Deal of the Year 2019’ award for its advice to Norwegian Air Shuttle ASA regarding the restructuring of NAS’ €250m Norwegian bond transaction.
Transport Webinar Series: Aviation- Episode 120 October 2020
This episode will look at aviation restructuring.
Transport Webinar Series: Maritime – Episode 23 November 2020
This webinar will look at “Workouts, Restructuring and Enforcement: Key Considerations” and “Leasing”.
Distress in the offshore sector: alternative approaches to restructuring30 April 2020
This article examines the alternative approaches to restructuring through schemes of arrangement in the offshore sector.
Thomas Cook’s collapse and airline insolvency – lessons for the UK28 April 2020
Stephen Parker’s article on Thomas Cook’s collapse and the lessons to be learnt by the UK insolvency industry has been published in Insolvency and Restructuring International.
Insolvency Law in the Spotlight: The UK response to the financial impact of COVID-1916 April 2020
This article comments on the UK Government’s proposals for wider insolvency reform and compares them to two proposals from the insolvency profession.
Suspension of wrongful trading in light of COVID-196 April 2020
Our authors explore the UK Government’s planned suspension of directors’ personal liability for wrongful trading rules during the COVID-19 pandemic.
COVID-19 and a new paradigm in airline restructuring20 March 2020
In this article we discuss the impact of COVID-19 and a new paradigm in airline restructuring.
Thomas Cook’s collapse: a challenge for UK insolvency law2 October 2019
In light of Thomas Cook going into liquidation, Stephen Parker looks into whether the UK insolvency law needs to be reformed.
What were we thinking? – New guidance on rectification of contracts6 September 2019
Mistakes can happen. What happens when, as a result of such a mistake, parties enter into a contract which does not reflect their prior agreement or their intentions?
