← All Authorities
United Kingdom scheme of arrangementcross borderjurisdiction

Re OQ Chemicals Holding Drei GmbH

[2024] EWHC 2036 (Ch)
JurisdictionUnited Kingdom
CourtHigh Court of Justice, Business and Property Courts, Insolvency and Companies List (Chancery Division)
Year2024
StatusPersuasive authority

Key Principle

On a convening application under Part 26 of the Companies Act 2006, the court has jurisdiction over a foreign-incorporated company where there is a sufficient connection with England (here, English-law governed finance documents) and may order meetings for two materially identical, inter-conditional schemes of arrangement designed to extend the maturity of term and revolving loan facilities pending an M&A sale process.

Area of Law

General

Related Cases

TNLC & Anor v Gambling Commission & Ors [2026] EWHC 891 (TCC)
Aabar Holdings S.A.R.L. and others v Glencore Plc and others [2026] EWHC 877 (Comm)
Waterside Class Limited v Mowi ASA & Ors [2026] CAT 32

Ask CommonBench about this case

Get a detailed analysis of Re OQ Chemicals Holding Drei GmbH and how it applies to your situation.

Explain Re OQ Chemicals Holding Drei G...