United Kingdom

Re Virgin Active Holdings Ltd

[2021] EWHC 1246 (Ch)

JurisdictionUnited Kingdom

Year2021

Statusunclear

Key Principle

Snowden J approved the first restructuring plan under Part 26A of the Companies Act 2006 involving cross-class cram down, where dissenting classes could be bound if no member of that class would be any worse off.

Area of Law

insolvency

Related Cases

Stubbings v Jams 2 International Pty Ltd (2022) 399 ALR 409

Stubbings v Jams 2 Pty Ltd (2022) 276 CLR 233

Badenoch Integrated Logging Pty Ltd v Bryant [2021] FCAFC 64

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