Plane food for thought…
This article explores a recent High Court judgment on whether a restructuring plan can be used by debtors to modify their obligations under certain leases and security agreements to which the Cape Town Convention applies.
This article explores a recent High Court judgment on whether a restructuring plan can be used by debtors to modify their obligations under certain leases and security agreements to which the Cape Town Convention applies.
In the recent case of Sevilleja v Marex Financial Ltd, the UK Supreme Court held that the “reflective loss” principle will only preclude claims by shareholders and will not extend to claims by other creditors.
In light of Thomas Cook going into liquidation, Stephen Parker looks into whether the UK insolvency law needs to be reformed.