A Court Ruling Shakes Up the UK’s Restructuring World: The Brink

Welcome to The Brink. I’m Constantine Courcoulas, a reporter in London, where I’m looking at challenges for some companies seeking to restructure in the UK. We also have news on New Fortress Energy and flooring manufacturer Victoria. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.

Fundamental Shift

The rules of the game are changing for companies that plan to use UK courts to restructure their balance sheets.

After an appeal court ruling this month, lawyers across the City are advising troubled firms that if they want to get a judge’s blessing on their financial revamps, they ...