United Kingdom scheme of arrangementconditional schemeredomiciliation

Re Lombard Medical Technologies Plc

[2014] EWHC 2457 (Ch)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Chancery Division (Companies Court)

Year2014

StatusPersuasive authority

Key Principle

The court may sanction a members' scheme of arrangement that remains subject to outstanding conditions (such as foreign regulatory approval or a contemplated fundraising), withholding delivery of the order to the Registrar of Companies until those conditions are satisfied or a long-stop date passes.

Area of Law

General

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