Law-Now
Saipem judgment shakes up restructuring plans
12 Aug 2025
International
1 min read
Authors
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...