In re Cine-UK Ltd

Subject Matter

COMPANY — Reorganisation of debt — Company in financial difficulty — Landlords granting companies rent concessions in return for companies undertaking not to seek further compromise of liabilities under leases — Companies subsequently seeking court’s sanction for restructuring plans — Whether landlords entitled to injunction to exclude leases from plan — Correct approach to consideration of issues relating to undertaking — Whether proper to depart from pari passu distribution that would apply in relevant alternative — Whether scheme to be sanctioned notwithstanding undertaking — Companies Act 2006 (c 46), s 901G

[2024] EWHC 2475 (Ch); [2024] Bus LR 1944; [2025] 1 All ER (Comm) 1052; [2025] 2 BCLC 491; [2024] WLR(D) 418, Ch D