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Jul 11, 2014

Potential Pitfalls for Hedge Fund Managers in the Ever-Expanding Use of English Schemes of Arrangement

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London Financial Restructuring & Insolvency Partner Solomon Noh and New York Financial Restructuring & Insolvency Counsel Edmund Emrich published an article in The Hedge Fund Law Report: “Potential Pitfalls for Hedge Fund Managers in the Ever-Expanding Use of English Schemes of Arrangement.”

The article recognizes the increasing popularity of English schemes of arrangement in reorganizing European companies, but considers the issue of U.S. recognition that may arise where a foreign company with assets or creditors in the U.S. seeks to restructure its debts through an English scheme of arrangement solely on the basis of the governing law being English law. The authors outline possible U.S. recognition issues that might arise and offer potential ways to resolve these issues.

View article, Potential Pitfalls for Hedge Fund Managers in the Ever-Expanding Use of English Schemes of Arrangement

Authors and Contributors

Solomon J. Noh

Partner

Financial Restructuring & Insolvency

+44 20 7655 5795

+44 20 7655 5795

London