Redressing the Balance of Power in Restructuring Plans: Petrofac in the Court of Appeal

Bruce Bell, Jessica Walker and Tim Bennett of Lathan & Watkins analyse the potential effects of the Court of Appeal’s decision in Petrofac on restructuring plans going forward, characterising the decision as more wide-ranging than the carefully nuanced appeal decisions in Adler and Thames Water, and predicting it will prompt greater introspection for prospective plan companies.

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