News & Analysis as of September 4, 2025

Financial Distress

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Out of the money, but not down and out: UK Court of Appeal overturns Petrofac restructuring plans

Hogan Lovells on 7/9/2025

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

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Out of the money, but not down and out: UK Court of Appeal overturns Petrofac restructuring plans

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