The Second Act: The tale of (non?) recognition of UK restructuring plans in Germany

Lorenz Scholtis and Daniel Arends of Norton Rose Fulbright examine how a landmark Frankfurt Regional Court ruling refusing to recognise a UK Part 26A restructuring plan has injected fresh uncertainty into cross-border restructurings post-Brexit, raising material risks for plan companies seeking German recognition and forcing English courts and practitioners to reassess jurisdiction, evidence, and strategy in European restructurings.

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