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Navigating RPs in light of evidentiary developments: What we have observed from Poundland and River Island

Clare Kennedy, Ian Partridge and Alex Godfrey of AlixPartners review how the Poundland and River Island restructuring plans have responded to recent case law by introducing upside-sharing mechanisms, enhanced creditor returns, and independent “Allocation of Benefits” reports, and share how the evidentiary bar to justify cross-class cramdown has been raised.