On 22 July 2022, the English High Court sanctioned Houst Limited’s (“Houst” or the “Company”) restructuring plan (the “Restructuring Plan”), which significantly, is the first time a Restructuring Plan has been used to cram...more
8/24/2022
/ Chapter 11 ,
CIGA ,
Coronavirus/COVID-19 ,
Corporate Insolvency and Governance (CIG) Act 2020 ,
Corporate Restructuring ,
Financial Solvency ,
HMRC ,
Liability ,
Property Management Companies ,
Sanctions ,
Small and Medium-Sized Enterprises (SMEs) ,
Travel ,
UK
The world has seen severe dislocation in the public markets with all major stock markets shedding 10-30 percent in the past few weeks due primarily to fears about COVID-19 coronavirus and the slump in oil prices....more