UK Part 26A restructuring plans – timeline of key developments

Since its introduction in June 2020, the UK restructuring plan has been embraced as a valuable, flexible tool for restructuring distressed businesses. However, the legislative framework remains young and, as more restructuring plans progress through the courts, the body of case law continues to shape how companies and stakeholders approach the substance and implementation of restructuring plans. To help you keep up to date with these developments, our Restructuring & Special Situations Group in London has prepared this interactive timeline showing every restructuring plan to date (including those sanctioned, paused, rejected and appealed), along with commentary on the key takeaways.