In this engaging discussion, Kate Stephenson and Kon Asimacopoulos, partners at Kirkland & Ellis, along with David Allison, barrister at South Square, dive into the evolving landscape of English restructuring plans. They examine the pivotal Court of Appeal decisions affecting fairness in distress cases, highlighting the complexities of stakeholder treatment. The trio shares insights on the need for clarity in legal guidance, the growing role of litigation in restructuring, and the significance of engaging junior creditors while balancing equitable distribution among all parties.
