Georgina Peters, a South Square Barrister with a focus on restructuring plans, joins Sarah Paterson, a Professor of Law at LSE, to unpack the complexities of judicial discretion in corporate restructuring. They dive into the significance of cram-down jurisdiction and its effects on debt management. The discussion highlights the necessity for fair benefit distribution and the challenges dissenting creditors face in restructuring processes, alongside critical insights on bargaining dynamics and legal scrutiny that accompany approval decisions.