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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…
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.
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.
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.
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…
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.
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…
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…
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…
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.
