Turbo Group – A practical application of recent restructuring plan developments

Tom Astle, James Maltby and Patrick Dunn of Hogan Lovells share that the High Court has sanctioned Turbo Group’s inter-conditional restructuring plans, offering practical guidance on applying the fairness principles from Thames Water, Petrofac and Waldorf—including creditor engagement, value allocation, and the justification for differential treatment—underscoring the court’s pragmatic approach to complex multi-company restructurings.

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