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Legal Update

DTEK: Has the English High Court Provided Another Option for Restructuring New York Law Bonds?

25 June 2015
Mayer Brown Legal Update
In Re DTEK Finance BV, the English High Court decided that a change in the governing law of bonds from New York to English law, established a sufficient connection with the English jurisdiction for it to sanction the bonds' restructuring via a UK scheme of arrangement.

Authors

  • Devi Shah
    Partner
    T +44 20 3130 3669
  • Henry Glen
    Associate
    T +44 20 3130 3564

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