New Fortress Energy: A US-Listed Energy Group Chooses an English Restructuring Plan Over US Chapter 11

Sayan Bhattacharyya, Helena Potts, Amrit Khosa, Matt Friedrick and Maria Staiano-Kolaitis of Paul Hastings describe how New Fortress Energy used two English restructuring plans to cut roughly $5.7 billion of funded debt to under $1 billion, with subsequent Chapter 15 recognition providing both a roadmap and a warning for US-listed groups considering the English process instead of Chapter 1.

Read more.