In our continuing review of key issues concerning schemes of arrangement, this second bulletin addresses issues of valuation, third party releases, voting by ultimate beneficial holders and amendments to schemes. Our first bulletin covered jurisdiction, stays on challenges in foreign courts, new money and the imposition of new obligations, and class composition. Our third bulletin will contrast schemes with US Chapter 11 proceedings.
Scheme hot topics bulletin: Part II
This series of bulletins assumes a certain level of background knowledge. For additional information, please see our recently-updated introductory guide to Schemes of Arrangement as Restructuring Tools.
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