Post by Alvarez & Marsal

The New Fortress Energy Restructuring Plans were approved in a landmark judgment last week. Global Restructuring Review provides a thorough analysis of the English court sanction, and highlights that this reflects a broader trend in the international restructuring market. James Holley, Managing Director, comments on why the UK Restructuring Plan is highly attractive: “It offers surgical financial restructuring, the ability to bind dissenting creditor classes through cross-class cram down, and a court process that is rigorous, commercially pragmatic, and capable of foreign recognition for international restructuring.” The article also details our involvement as financial adviser to New Fortress Energy and the expert evidence from Richard Fleming and Richard Bibby. Click here to read the article [gated]: https://okt.to/hmva2i And to read more about our work on this, click here: https://okt.to/lgYtfA #UKRestructuringPlans #Restructuring #AMOn