The majority of the session will be a moderated panel discussion, with time for questions at the end. Our speakers for the session will be:

• Allen & Overy – Nick Charlwood
• Allen & Overy – Susanna Charlwood
• Allen & Overy – Oliver Rule
• South Square – Adam Al-Attar

This member-hosted event will take place on Tuesday 11th May at 08:30am (BST).

The legislation has led to a number of significant changes, in particular a new restructuring process as Part 26A of the Companies Act 2006, which includes the “cross-class cram down”, which is not possible in a Scheme and allows the court to sanction the approval of a compromise or arrangement where dissenting classes of creditors or members are bound on certain conditions.  Is this change likely to lead to more disputes?

In this session we will cover:

• A brief introduction to the new Restructuring Plan, cross-class cram down and the “relevant alternative;”
• Why the Restructuring Plan may lead to disputes;
• What sorts of claims may arise; and
• How the Court has approached the Restructuring Plan process and the cross-class cram down power in the cases so far.