South Square is a leading set of commercial law barristers. Our members have acted in many of the most important restructuring, insolvency,
banking, commercial, company and fraud-related disputes of recent times. We are regulated by the Bar Standards Board.
Tom Smith KC and Matthew Abraham, instructed by Macfarlanes, successful represented Superdry in its restructuring of the Group’s financial and leasehold liabilities.
The decision is to be welcomed in the context of leasehold restructurings post the Court of Appeal decision in Adler. The Court took a pragmatic approach to the need to show good reasons when determining whether it is fair that certain liabilities are excluded from a plan and whether it is appropriate for equity to be retained where “in the money” creditors are being compromised.
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South Square team maintains Commercial Court injunctions freezing more than US$400 million
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