In The Press December 11, 2019

UK Restructuring Proceedings May Attract More Foreign Cos. (Law360)

In September 2019 the English High Court sanctioned two schemes of arrangement which were integral to the restructure of Syncreon International Group, a U.S.-headquartered global logistics business. Goodwin partner Simon Thomas, counsel Kizzy Jarashow and senior associate Oonagh Steel, who all practice in the firm’s Financial Restructuring practice, dive into how this precedent could lead to more U.S. and Canadian corporate groups seeking to use the English courts to restructure their financial liabilities as an alternative to Chapter 11 proceedings. Read the by-line here.