Restructuring plans update – key developments
9 October 2025
Over the course of summer 2025, the UK restructuring landscape has undergone a series of notable developments, with the courts being busy with several restructuring plans ("RPs") and publishing a revised court Practice Statement on schemes of arrangement and RPs.
This briefing provides an overview of the key judgments, themes, and judicial commentary that have shaped the market in recent months. With retailers in particular facing challenging economic conditions, we expect to see retailers continuing to use RPs to address both operational and financial liabilities.
