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Restructuring Plans in European Cross-border Restructurings – One Gate Closes but Another One Opens | Dechert LLP

Key Takeaways The use of the UK restructuring plan ( Plan ) introduced last summer has been gathering pace with a handful of recent judgments seeing it used to implement cross-border restructurings instead of UK schemes of arrangement ( Schemes ). In a significant recent judgment in respect of a Plan proposed by Gategroup 1, the High Court decided that Plans are insolvency proceedings falling outside the scope of the Lugano Convention. 2 Classifying Plans as insolvency proceedings is likely to complicate their use in Europe, and it is clear that, based on this decision, the Lugano Convention will not provide a post-Brexit route for Plans to be recognised in Europe.

Online Summer Camp Market is Booming Worldwide | Camp Google, Camp Wonderopolis, Connected Camps

Online Summer Camp Market is Booming Worldwide | Camp Google, Camp Wonderopolis, Connected Camps
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.

40 jobs at risk as Signet Armorlite focuses on closure of Gloucester base -

40 jobs at risk as Signet Armorlite focuses on closure of Gloucester base Up to 40 staff at specialist lens-maker Signet Armorlite are about to enter consultation as plans are made to close its Gloucester site. ‘Consumer trends’, including a falling ‘high street footfall’ have focused the minds at Signet Armorlite owner Ellisor. One of the businesses that has helped bring into focus world-wide Gloucester’s abilities as a specialist maker of spectacle lenses has announced plans to close its operations in the city. Signet Armorlite, which produces lenses under the world-famous Kodak brand since 1993, has confirmed it plans to close it Quedgeley base, a move which also threatens jobs.

Adoption of Building Information Modeling (BIM) to Foster Significant Growth in the 3D Printing Construction Market

(MENAFN - EIN Presswire) p>3D printing construction market The global 3D printing construction market is likely to reach USD 25,640.5 mn by 2027, at a CAGR of 118.5% during 2021-2027, according to QuantAlign Research. LONDON, UNITED KINGDOM, February 16, 2021 /EINPresswire.com / Rising shift towards environment friendly construction techniques coupled with significant innovations in 3D printing technologies is projected to drive the global market for 3D printing construction. Also, growing construction sector across the globe is set to fuel the market growth over the next seven years. The global 3D printing construction market is likely to reach USD 25,640.5 million by 2027, at a CAGR of 118.5% over the forecast period (2021-2027) according to QuantAlign Research.

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