At the beginning of 2025 we shared our predictions on what we expected to see in the R&I market over the course of the year. How did we do? … Continue Reading
Despite meeting statutory jurisdictional requirements under Part 26A of the Companies Act 2006, the High Court declined to exercise its discretion in favour of sanctioning Waldorf Production UK Plc’s restructuring plan in August 2025due to concerns about fair allocation of value and lack of meaningful engagement with unsecured creditors. Waldorf then sought and was granted … Continue Reading
In Re Petrofac Ltd [2025] EWHC 2887 (Ch), the English High Court made an administration order in relation to a Jersey-incorporated company even though its registered office was not in England which is the starting point for determining COMI and therefore the Court’s jurisdiction to make such an order. Background Petrofac Limited (the Company) is the … Continue Reading
