Article
London Calling—crossing The Atlantic To Restructure In England?
Three Nasdaq-listed U.S. companies have successfully restructured using England's Restructuring Plan under Part 26A, achieving Chapter 15 recognition in U.S. courts. This development positions the English RP as a viable alternative to Chapter 11 bankruptcy for certain American companies seeking operational turnarounds and balance sheet restructurings.
A&O Shearman
