United Kingdom restructuring planrestructuring

Re Poundstretcher Limited

[2026] EWHC 1438 (Ch)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Business and Property Courts (Chancery Division, Companies Court)

Year2026

StatusPersuasive authority

Key Principle

Under Part 26A of the Companies Act 2006 the court may sanction a restructuring plan by cross-class cram down (s.901G) notwithstanding that several classes (here six landlord classes) have voted against it, provided the statutory conditions are met (including that dissenting members would be no worse off than in the relevant alternative) and the court is satisfied it is just and equitable to sanction the plan.

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

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