United Kingdom restructuring planclass meetingscross class cram down

Re Revolution Bars Ltd

[2024] EWHC 2949 (Ch)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Chancery Division (Insolvency and Companies List)

Year2024

StatusPersuasive authority

Key Principle

For a Part 26A plan a class 'meeting' requires two or more persons to assemble, so a vote at which only the chair (holding proxies) is physically present is not approval 'at a meeting'; such a class is treated as dissenting and can be bound only via cross-class cram down.

Area of Law

General

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Waterside Class Limited v Mowi ASA & Ors [2026] CAT 32

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