Scottish Lion still casts a shadow over Minster
After the dust settled on the news that the proposed Scottish Lion solvent scheme of arrangement won its appeal against dismissal at first instance, the fact remains that the scheme has not yet been sanctioned and the ongoing proceedings are likely to continue to influence schemes in the pipeline.
To date, the only proposed stand-alone solvent scheme of arrangement to face the scrutiny of the UK legal system since Scottish Lion is Minster Insurance - ironically a run-off company with...
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