Case updates

Administrators outline £3.7 million pre-pack sale and creditor recoveries at Pizza Hut franchises

FTI Consulting confirms secured lender Yum! to recover only 18% as UK franchise insolvency enters next phase

Poundland’s rescue plan sanctioned amid widespread landlord opposition

High Court approves £327 million restructuring plan backed by Pepco and Gordon Brothers, preserving 13,000 jobs despite resistance from most landlord classes

Petrofac Enters Administration Following Collapse of Restructuring Plan

"Targeted administration" marks final chapter in Petrofac’s troubled restructuring saga

Fossil Turns to UK Courts in Unprecedented Restructuring to Preserve US Listing

Landmark case could redefine cross-border restructuring strategy for distressed US corporates

Supreme Court to hear landmark Waldorf restructuring appeal

Permission granted in case set to clarify fairness standards for cramdowns under Part 26A

ISG administrators double recoveries

Litigation funding deal delivers stronger-than-expected returns, paving way for employee payouts but no unsecured distributions.

High Court clamps down on rogue US receiver

Court brands South Carolina receiver’s conduct “bombastic” and issues sweeping anti-suit relief

Greensill Wins Australian Anti-Anti-Suit Injunction Against Marsh

Australian Federal Court rules Marsh’s English proceedings “vexatious and oppressive,” halting London litigation pending the Australian trial

Law firm found liable for partner’s role in £2.4m investor fraud

Firm vicariously liable after partner failed to question source of misappropriated funds used in London property deals

Irish High Court grants sweeping anti-suit injunction

Court restrains JSC from pursuing €850 million Russian actions, finding deliberate attempts to relitigate void pledge agreements

Transworld Payment Solutions - Case Update

Prax Group - Case Update