Oxford Business Law Blog

Most public bids in the UK market are implemented by scheme of arrangement. When it becomes effective, a scheme of arrangement results in the transfer of all of the shares of the target to the bidder...

Creditors often face significant information asymmetry when debtor companies seek to restructure their debts. In the United Kingdom, it is mandatory for debtor companies, seeking to invoke the courts...

In 2017, Singapore adopted sweeping reforms to its insolvency regime aimed at increasing Singapore’s attractiveness as a regional restructuring hub. Central to these reforms is the transplantation (...

Corporate groups are special in many respects, including the way group entities attract financing. They frequently provide guarantees and collateral or serve as co-obligors to secure performance by...

On May 20, 2020, the UK government published its highly anticipated Corporate Insolvency and Governance Bill (the ‘Bill’). The Bill aims to provide businesses with increased flexibility and breathing...

In February 2017, a water utility FTSE 100 company, Severn Trent, successfully completed the takeover of its supplier Dee Valley Water, for £84m. Prior to the shareholders’ meeting at which the...

The High Court yesterday held that a Chairperson of a shareholder scheme meeting may reject votes cast against a scheme of arrangement in circumstances where the shares were acquired through an...

This post comes to us from the Insolvency Lawyers' Association. Public Joint-Stock Company Commercial Bank ‘Privatbank’ [2015] EWHC 3299 (Ch) (David Richards J, 13 Nov 2015); Codere Finance (UK) Ltd...

Principles of Takeover Regulation (OUP, 2016) explores the nature and optimality of the regulation of the UK’s market for corporate control through the Takeover Code, which is maintained and enforced...