The 2025 Practice Statement: Streamlining UK Schemes and Restructuring Plans

Fraser Ritson, Karl Clowry, Scott Morrison and Valean Gherendi of Addleshaw Goddard unpack the UK’s new 2025 Practice Statement for schemes and restructuring plans, highlighting how its reforms—mandatory listing notes, earlier creditor engagement, tighter timetables and active judicial case management—are designed to cut costs, curb procedural delays, and make court-supervised restructurings more accessible to mid-market companies, potentially boosting rescue rates and reducing creditor disputes.

Read more.