The deal, which was approved by the courts in on 2 September 2020, is one of the most significant airline restructurings to have taken place since the onset of the Covid-19 crisis, and was the first to be implemented using the UK’s new Part 26A of the Companies Act 2006.
Our global team can guide you through complex multi-jurisdictional restructuring and insolvency matters.
We advise across the full spectrum of restructuring and insolvency issues around the world including distressed refinancing, debt restructuring, contingency planning, formal insolvency proceedings, security enforcement, as well as non-performing loan transactions and distressed M&A.
Our clients are lenders (banks and funds) at all levels of the capital structure, borrowers and corporates, insolvency officeholders, agents and trustees. Our particular strength lies in restructuring and insolvency matters within our core sectors of Energy, Real Estate and Transport where we combine our industry knowledge and restructuring and insolvency expertise to deliver commercially viable solutions designed to avoid contentious situations arising.
Where matters do become contentious, we are experienced in advising on even the most complex disputes. In the maritime sector, for example, we have enforced against more vessels for more lenders than any other law firm.
Find out more:
KMG is a private healthcare provider with over 30 inpatient medical and nursing facilities in north-east and central Germany.
This article discusses some key benefits of Singapore’s Electronic Transactions (Amendment) Act 2021 and its impact on the maritime sector, focusing on e-bills of lading with a Q&A at the end.