McDermott Comment | UK Restructuring Regime Retains Appeal Almost Two Years On From Brexit-Prompting Recognition Conundrum

Aymen Mahmoud, a partner at law firm McDermott Will & Emery, said:

“The analysis and decision-making of the English courts has long been regarded as among the strongest in the world. Combined with the modernization of the English law restructuring toolkit over the last couple of years, the rulings made by the English courts continue to place the UK as a very strong forum for any restructuring. Whilst Brexit may have had a more immediate effect of uncertainty on whether or not to use the English courts, recent case law has helped to diminish that uncertainty.”