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Investegate announcements from Amigo Holdings PLC, Scheme of Arrangement Update

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The Valuation Office Agency's (VOA) technical manual used to assess Capital Gains and other taxes.

To embed, copy and paste the code into your website or blog: The economic impact of the COVID-19 pandemic led to a wave of creditor schemes of arrangement ("schemes") and restructuring plans ("RPs") in the second half of 2020, which shows no sign of abating in 2021.  For the uninitiated, the scheme (a long-established tool) and the newer RP process are court led UK restructuring options that a company can use to bind a minority of creditors into a restructuring.  An RP can also be used to "cram down" an entire dissenting creditor class into a deal where certain conditions are met.  Both pr...

and Regulatory, Complaints and Covid-19 payment holiday Update Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, provides an update on its announcement dated 21 December 2020, titled "Potential Scheme of Arrangement", and on the other matters set out below.    Amigo Holdings PLC has recently incorporated a new wholly owned subsidiary, ALL Scheme Ltd ("SchemeCo"), for the purpose of SchemeCo applying for a Scheme of Arrangement under Part 26 of the Companies Act 2006 ("Scheme"), as envisaged in the RNS dated 21 December 2020.    ...