- The ruling overturned the decision of the Court of Appeal that unfair prejudice petitions were subject to the statutory limitation periods in the Limitation Act 1980.
- Despite the ruling, prospective petitioners must still act promptly, as the court retains discretion to refuse relief where there has
The restructuring market’s appetite for Part 26 schemes of arrangement and Part 26A restructuring plans shows no signs of diminishing, with some debtors (Smile Telecoms and ED&F Man) even taking a second bite of the cherry. In this article, we explore recurring themes identified in the market throughout the past 18 months.