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Saipem SpA v Petrofac Ltd — [2025] WLR(D) 348
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Saipem SpA v Petrofac Ltd — [2025] WLR(D) 348
COMPANY — Reorganisation of debt — Company in financial difficulty — Court exercising discretion to sanction restructuring plans despite dissent from class of creditors proposing alternative plan — Whether dissenting creditors would be “worse off” from plans than relevant alternative — Whether appropriate allocation of benefits preserved by plans fair — Companies Act 2006 (c 46), ss 901F, 901G
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