Court delivers Poundland restructuring plan: key insights from the judgment

Elaine Nolan and Gabe Harley of Keystone Law summarise the High Court’s recent sanction of Poundland’s landmark Part 26A restructuring plan—the largest leasehold restructuring plan to date—approving rent reductions, store closures, and a major debt-for-equity swap under Gordon Brothers’ ownership, and providing further judicial guidance on cross-class cram down discretion following Adler, Thames Water, and Petrofac.

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