Ben Larkin

Apr 4, 2024 | lexology.com | Heather Lennox |Corinne Ball |David Harding |Ben Larkin |Dan Moss |Hannah Plumb

In Short The Situation: Following the seminal Adler judgment, the English Court has now ruled on a further two contested restructuring plans ("RPs"). These two judgments provide important commentary relevant to all parties considering or affected by a RP.

Mar 27, 2024 | jdsupra.com | Corinne Ball |David Harding |Ben Larkin

On January 23, 2024, the Court of Appeal in England and Wales (the "Appeal Court") upheld a challenge launched by dissenting creditors to overturn the UK Restructuring Plan (the "RP") of the Adler Group previously approved by the High Court under Part 26A of the Companies Act 2006 (Strategic Value Capital Solutions Master Fund LP and others v AGPS BondCo PLC [2024] EWCA Civ 24).

Feb 15, 2024 | research.rabobank.com | Ben Larkin

Dry spring weather negatively impacts crop. Australian wheat production is expected to decrease by 1% YOY, to 23.3m tonnes, as hot and dry weather conditions in September and October damaged yield prospects across most areas of the country.

Feb 14, 2024 | mondaq.com | Heather Lennox |Corinne Ball |David Harding |Ben Larkin

The Situation: The Adler Group sought to restructure more than €6 billion of debt by means of a UK restructuring plan ("RP"), to give itself a runway for a planned wind-down and asset sales, leading to an enhanced return for creditors when compared against an immediate insolvency. The RP sought to retain a phased maturity of the senior unsecured notes.

Feb 6, 2024 | lexology.com | Heather Lennox |Corinne Ball |David Harding |Ben Larkin |Dan Moss |Hannah Plumb

In ShortThe Situation: The Adler Group sought to restructure more than €6 billion of debt by means of a UK restructuring plan ("RP"), to give itself a runway for a planned wind-down and asset sales, leading to an enhanced return for creditors when compared against an immediate insolvency. The RP sought to retain a phased maturity of the senior unsecured notes.