Across topics and issues, borders and industries, we have the thought leadership you need to stay ahead of changes in the law.

Follow us:



Parallel lines – Hong Kong Airlines undergoes English and Hong Kong restructuring

Hong Kong’s last remaining independent airline carrier, Hong Kong Airlines Limited has undergone a significant debt restructuring. In parallel proceedings (a restructuring plan in the ...


An unsecured “credit bid” – a first in the UK restructuring market

Hogan Lovells has secured UK High Court approval for a so called “credit bid” in an application by the Special Administrators of Sova Capital Ltd (in special...


Financial Institutions Horizons 2023

The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset...


European leveraged loan restructurings: why the next downturn will be different

Although the IMF recently announced at Davos that it would upgrade its global economic forecasts, with an improvement predicted in the later part of 2023 and into 2024, times remain...


Creditor Duty – the position after the Supreme Court decision in BTI v Sequana and Others

The Supreme Court’s decision in BTI v Sequana & Others represents the most significant ruling on the duties of directors of distressed companies of the past 30 years.This...


Sanctions no bar to sanction: Nostrum Oil & Gas PLC’s scheme of arrangement

Nostrum Oil & Gas PLC’s scheme of arrangement under Part 26 of the Companies Act 2006 (the “Scheme”) was sanctioned on 26 August 2022, with the “scheme effective ...


Judgment reserved on Houst’s potential HMRC cram

Judgment has been reserved on the sanction of Houst Ltd’s restructuring plan at a hearing held in front of Zacaroli J on Friday morning (15 July 2022), while the company gathers the...


Compromises by regulated firms: The FCA’s view

In January 2022, the Financial Conduct Authority (“FCA”) launched a consultation on its approach to compromises for regulated firms and issued its final guidance on 5 July 2022....


Direct Lending in a distressed world

In this article Tom Astle and Charlotte Lamb consider what makes funds behave differently from banks in a distressed scenario and some specific issues faced by funds.This article was...

Loading data