On 1 July 2025, the Court of Appeal handed down its judgment overturning the twin restructuring plans proposed by Petrofac Limited and Petrofac International (UAE) LLC under Part 26A of the Companies Act 2006 (the plans)....more
7/9/2025
/ Appeals ,
Companies Act ,
Corporate Counsel ,
Corporate Restructuring ,
Creditors ,
Debt Restructuring ,
Financial Distress ,
Insolvency ,
Joint Venture ,
Lenders ,
UK
In a not unexpected move with restrictions on the general public expected to remain well into the New Year the Government has extended the protections for commercial tenants and the restrictions on filing statutory demands...more