A new tool in the Goodbox?

David Manson, Philip Povey and Bethany Jamieson of DLA Piper summarise the case of Goodbox Co Labs, which is the first example of an individual creditor unilaterally seeking to access the Part 26A Restructuring Plan, aptly coined the “Super Scheme”, offering a direct route for creditors to propose a rival Restructuring Plan to a sponsor or company-backed Super Scheme.