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Law-Now 12 Aug 2025 · United Kingdom

Saipem judgment shakes up restructuring plans

1 min read
Summary  The Court of Appeal’s decision in Saipem & Ors v Petrofac Limited ([2025] EWCA Civ 821) brings welcome good news for “out-of-the-money” creditors subject to restructuring plans under Part 26A of the Companies Act 2006.The decision emphasises that...

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