United Kingdom conveningclass compositioncross border

Re Swissport Fuelling Ltd

[2020] EWHC 1499 (Ch)

JurisdictionUnited Kingdom

CourtHigh Court of Justice (Chancery Division)

Year2020

StatusPersuasive authority

Key Principle

At a convening hearing under s.896 CA 2006 the court decides class composition and gives directions; where all scheme creditors under a single credit agreement share materially similar rights they form one class, and an English company acting as guarantor (with foreign borrowers) may be an appropriate scheme company provided there is sufficient connection with England.

Area of Law

General

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