Torm adopts English law to access SOA

• Autores: Lizzie Meager
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 31 (8/17/2015), 2015
• Idioma: inglés
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• Resumen

  • The article discusses Danish shipping company Torm's restructuring through a Great Britain scheme of arrangement that it saved it from a costly Chapter 11 bankruptcy filing. Topics discussed include the trend where troubled European companies use their international structures to take advantage of Great Britain corporate and insolvency processes and the increased use of English schemes of arrangement by foreign companies