Practice Areas - Restructuring and Insolvency Law Firms and Lawyers
| Deal Date: | 30-07-2014 | Practice Area: | Restructuring and Insolvency |
| Deal Title: | New World Resources Balance Sheet Restructuring | Industry: | Mining |
| Description: |
White and Case LLP advised the New World Resources group (NWR), the central European hard coal producer, on the restructuring of the its balance sheet via a UK Scheme of Arrangement and a Rights Issue and Placing.
A key milestone in the restructuring was achieved on July 29, with the UK courts granting NWR permission to hold creditors' meetings where the group's noteholders can vote on the restructuring.
The White and Case team that advised NWR was led by London partners Rebecca Campbell and Christian Pilkington and included partners Philip Broke (London) and Petr Panek (Prague) with support from a cross-practice team of associates including Boris Docekal, Kevin Heverin, Tim Lees, Narinder Surae, Jasmine Grewal, Johanna Hayward, Wes Budler and Richard Pogrel (all London) and Karel Petrzela (Prague).
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Group | Law Firm | White & Case |
| United Kingdom | United Kingdom | ||
| Classification: |
Debt Restructuring |
Lawyer | Rebecca Campbell |
