Part 26A Restructuring Plans for smaller and mid-market businesses:development of market practice to date and future outlook

The IFT outlines how small and mid-market companies have used Part 26A restructuring plans to manage funding, evidence and creditor engagement, showing that court practice is becoming more flexible and standardised for SME restructurings while warning that cost, liquidity and timetable pressures continue to limit wider take-up and may require policy or legislative reform.

Read more.