Waldorf’s Withdrawal: Why It Matters (UK)

Charlotte Møller and Rachael Markham of Squire Patton Boggs explain that Waldorf’s withdrawal of its leapfrog appeal leaves the Court of Appeal decisions in Adler, Petrofac, and Thames Water as the leading authority on fairness in Part 26A restructuring plans, underscoring that courts may refuse sanction despite statutory compliance where value allocation and creditor engagement are inadequate.