The Adler appeal: our key takeaways

The Court of Appeal has handed down its much-awaited judgment on the appeal of Adler’s restructuring plan under Part 26A of the Companies Act 2006 that was sanctioned by the High Court last year after a contested hearing in which the plan faced strong opposition from a dissenting ad-hoc group of holders of Adler’s EUR 800 million 2029 senior unsecured notes.