Following the handing down of the Waterfall I judgment by the Supreme Court on 17 May 2017, an oral hearing was held before Lady Justice Gloster, Lord Justice Briggs and Lord Justice Patten on 25 July 2017, to consider the impact of the Supreme Court judgment on the Waterfall IIA and B proceedings.
The following written submissions in respect of the impact of the Waterfall I Supreme Court judgment were filed and served in advance of the oral hearing:
The Joint Administrators did not file any written submissions.
The parties engaged a transcriber to produce a transcript of the hearing.
The transcript produced can be found below.
Please note that:
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Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom
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