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Re Primacom holding GmBH: to scheme or not to scheme that was the question...

  • White & Case LLP
  • -
  • United Kingdom
  • -
  • February 15 2012

Providing further evidence that schemes of arrangement (“schemes”) are an increasingly useful tool in the restructuring of overseas companies, on 20 January 2012, the High Court sanctioned a scheme proposed by PrimaCom Holding GmbH (“PrimaCom”), a German incorporated company, with its centre of main interests (or “COMI”) in Germany and whose affected creditors were domiciled outside the UK

UK Supreme Court rules in favour of unsegregated clients in Lehman Brothers International (Europe) (in administration)

  • White & Case LLP
  • -
  • European Union, United Kingdom
  • -
  • March 19 2012

PwC, the administrators in the Lehman Brothers administration in the UK, have made several applications to the Court seeking directions on their approach to the distribution of clients’ money and assets

Sigma Finance Corporation: substituting a commercial bargain through the guise of interpretation?

  • White & Case LLP
  • -
  • United Kingdom
  • -
  • November 6 2009

The first appeal ruling from the newly formed UK Supreme Court concerned the construction of a clause setting out the distribution of assets in a collapsed structured investment vehicle ("SIV"