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Gilson Gray | United Kingdom | 3 Jun 2021

Experts in restructuring part 2 - CVAs and restructuring plans

Spring 2021 has seen the input of independent expert evidence become increasingly critical to successful restructuring. May 2021 saw several…
Analysis PRO In-house
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Lexology PRO | European Union, United Kingdom | 14 Apr 2021

UK waves through Virgin Media/O2 joint venture

The UK’s competition enforcer has provisionally cleared the €31 billion joint venture between mobile network operator O2 and telecommunications provider Virgin Media after a fast-tracked Phase II investigation.
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PRO Compliance | Australia | 23 Feb 2021

Australian merger regime “skewed towards clearance”, Sims says

The Australian Competition and Consumer Commission is exploring potential reforms to the country’s merger rules, which currently place insufficient weight on competition risks, the chair of the agency has said.
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PRO Compliance | European Union, United Kingdom | 11 Dec 2020

CMA opens in-depth review into O2/Virgin Media tie-up

The UK’s competition authority has launched a Phase II probe into the £31 billion merger of O2 and Virgin Media, after accepting a request to fast-track its review.
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King & Wood Mallesons | Australia | 27 Nov 2020

Virgin Australia Group administrators’ Lien: The key to super priority

Once again the insolvency of Australia's second largest airline has served to highlight the deficiencies with our voluntary administration…
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PRO Compliance | Central & Eastern Europe, United Kingdom | 19 Nov 2020

UK to review Virgin/O2 deal as companies ask for Phase II probe

The European Commission has referred the proposed merger of Virgin Media and O2 to the UK’s competition authority for a review that both companies want to be fast-tracked to Phase II.
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Deka Chambers | European Union, United Kingdom | 2 Nov 2020

The Weekly Roundup: The Sean Connery Edition

As we all brace for Lockdown2, the team at 1CL has been searching for silver linings. First, we'll all have more time to think about all things…
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King & Wood Mallesons | Australia | 15 Oct 2020

Virgin v Wells Fargo: the Full Federal Court adopts a different interpretation of an insolvency administrator’s obligation to “give possession” under the Cape Town Convention

Following our previous alert here on Justice Middleton’s decision in Wells Fargo Trust Company, National Association (trustee) v VB Leaseco Pty Ltd…
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Stevens & Bolton LLP | United Kingdom | 28 Sep 2020

Virgin Atlantic - a test case for the UK's first new restructuring plan?

On 4 September 2020, the High Court sanctioned a restructuring plan of Virgin Atlantic Airways Limited (Virgin) under the new Part 26A of the…
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PRO Compliance | Australia | 17 Sep 2020

Post-coronavirus airline competition is crucial, Sims says

Quickly identifying and remedying any potential damage to competition in the domestic airline industry is critical when the sector starts to rebound from the covid-19 pandemic, the head of Australia’s antitrust enforcer has said.
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