Promit Chatterjee has written an article for Lexis Nexis analysing a recent High Court decision (Re Sino-Ocean Group Holding Ltd [2025] EWHC 205 (Ch)). In this decision, the Court approved a restructuring plan despite the dissent of two out of four classes of creditors and the plan disproportionately benefiting the shareholders. The article discusses the practical implications of the case, the background, and the court’s decision.

You can read it at Use of assenting class to facilitate cross class cramdown not abusive (Re Sino-Ocean Group Holding Ltd)