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    Re Virgin Atlantic Airways Ltd (Part 26A, CA 2006 'Restructuring Plan')
    8 September 2020
    Technical Alerts
    Re Virgin Atlantic Airways Ltd (Part 26A, CA 2006 'Restructuring Plan')

    On 2 September 2020, Mr Justice Snowden decided to sanction the Restructuring Plan proposed by Virgin Alantic Airways Limited.

    Manolete Partners Plc and Andrew Michael Riches (Note of Judgment of ICC Judge Jones)
    4 August 2020
    Manolete Partners Plc and Andrew Michael Riches (Note of Judgment of ICC Judge Jones)

    Para. 9 - "I am satisfied that designated members will include the same duties that directors owe to limited companies as set out in the Companies Act 2006 and also as a matter of common law and equity.