Restructuring Across Borders Toolkit - England and Wales

We have recently relaunched A&O Shearman’s Restructuring Across Borders Toolkit, this resource is developed by our market-leading Restructuring group (where applicable, in conjunction with our partner law firms) offering a free and easy-to-use resource that provides information and guidance on key practical aspects of restructuring and insolvency proceedings in more than 50 jurisdictions around the world.

To celebrate this relaunch colleagues from across our European network have sat down with Christopher Poel to discuss what pre-insolvency rescue and compromise proceedings are available to debtors in those jurisdictions, whether there have been any novel or exciting uses and deployments of those processes, and if there’s anything interesting coming down the line.

The first podcast in the series takes a look at the restructuring landscape in England and Wales with Philip Wells and Akshita Pandit from the London Restructuring team. We consider the English scheme of arrangement and restructuring plan, their similarities and differences, recent developments and some of the key areas of focus and challenge which have arisen recently, such as disputed valuation evidence and the “fairness” (or otherwise) of a company’s treatment of different classes of creditors.