Corporate Restructuring & Workouts
UK Court approved a restructuring plan despite shareholders retaining majority shares under the plan - Re Sino-Ocean Group Holding Ltd [2025] EWHC 205 (Ch)
The English High Court in Re Sino-Ocean Group Holding Ltd approved a restructuring plan despite it allowing the shareholders to retain a majority shareholding in the company and thus disproportionally benefiting the shareholders.
16 May 2025