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

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

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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.

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