Restructuring Plans – Reasons to be Cheerful
Description
Season 2, Episode 8
On this episode of LFI Levered Lines, host Matt Dickinson is joined by Tim Newey, Sarah Paterson, and Ryan Perkins for an expert panel discussion on the evolution and challenges of the UK’s Part 26A restructuring plan. The conversation explores landmark court decisions including Thames Water, Petrofac, Virgin Active, and Poundland, and their impact on negotiation requirements, creditor treatment, and evidentiary standards for restructuring plans. The panelists dissect the growing pains faced by the restructuring tool, compare UK practices to alternatives like Chapter 11 and out-of-court LMEs, and discuss procedural improvements such as flexible modification processes and judicial continuity. This episode delivers practical insights on legal innovations and market dynamics, making it essential listening for professionals navigating complex UK corporate restructurings.



