Navigating restructuring plans
A series of Insights from our leading restructuring practice
Restructuring plans provide a highly flexible tool for companies in the early stages of financial difficulty, as the terms can be tailored to the needs of the individual company or group, including changes to equity structure, the provision of new funding, as well as the compromise of certain liabilities and/or the variation of certain third-party rights. A restructuring plan may therefore assist in securing a company (or group)'s future as a going concern and provide continuity of trading, without the need for a formal insolvency process.
This series seeks to explore the key developments affecting restructuring plans, and to de-mystify the developing body of case law in this area.
Start by reading our first Insight: