Restructuring plans provide a highly flexible tool for companies in the early stages of financial difficulty, as the terms can be tailored to the needs of the individual company or group, including changes to equity structure, the provision of new funding, as well as the compromise of certain liabilities and/or the variation of certain third-party rights. A restructuring plan may therefore assist in securing a company (or group)'s future as a going concern and provide continuity of trading, without the need for a formal insolvency process.
This series seeks to explore the key developments affecting restructuring plans, and to de-mystify the developing body of case law in this area.
Start by reading our first Insight: How might a restructuring plan provide an alternative to formal insolvency in England and Wales? |
In this podcast, Sam Furse and Douglas Hawthorn of Osborne Clarke's restructuring and insolvency team speak to Jim Davies, a Partner in the Financial Advisory team at FRP Advisory, regarding the approach to valuation evidence in restructuring plans.
Our restructuring and insolvency practice handles a wide variety of instructions for a diverse client base encompassing creditors, debtors, accountancy firms, insolvency practitioners and turnaround professionals.