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An unsecured “credit bid” – a first in the UK restructuring market

The UK High Court has considered and granted permission for a so called “credit bid” in an application by the Special Administrators of Sova Capital Ltd (in special administration) for a substantial portfolio of illiquid...more

"Send it back!" – Wolseley restaurant lender’s attempt to terminate moratorium rebuffed

The latest battle between the Corbin & King Group, owner of a number of restaurants including the Wolseley, and its lender provides important clarity on when a moratorium should be terminated by its monitors....more

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