United Kingdom: Financial Restructuring

As private credit has increased its dominance over recent years, particularly in the financing of mid-market deals, so too has risen the number of stressed...

This article explores the strategic use of creative class composition in English restructuring plans, in particular the creation of "anchor" classes to facilitate cross-class cram down.

In a sweeping decision, the UK Court of Appeal has handed meaningful negotiating leverage to out of the money creditors. All those involved in major UK restructurings must take careful note of the detail and ramifications...

We would like to introduce Mr. Robert van Moorsel, whom we met through our mutual memberships in IR Global.

Macfarlanes and Burness Paull recently advised Dobbies Garden Centres, the UK's largest operator of garden centres, on its restructuring plan under Part 26A...

The Directive on Credit Servicers and Credit Purchasers was adopted by the EU in 2021 (the Directive) and the implementing technical standards (ITS)...

During company restructuring, businesses must consider the impact on their sponsor licence for foreign workers. Sponsor licences are non-transferable, and changes like mergers or ownership shifts may require a new licence. Prompt reporting and maintaining compliance with Home Office requirements are essential.

The majority of all 2023 EMEA restructurings involving an equitisation and/or a maturity extension required the provision of new money.

Schulte Roth & Zabel partner Martin Sharkey was featured in a PitchBook article that discussed the wide array of tools European Collateralized Loan Obligation (CLO) managers have to handle stressed and distressed assets.