UK FCA Guidance for Firms Seeking to Limit Liabilities
UK FCA has published proposed guidance on the use by firms of compromises to manage their liabilities. Compromises include arrangements with creditors and/or shareholders, such as Schemes of Arrangement, Part 26A Restructuring Plans, and Creditors Voluntary Arrangements.
Sarah Pritchard Financial Conduct Authority Restructuring Plans Creditors Voluntary Arrangements Executive Director Financial Institutions And Banking
Source: natlawreview.com