C-Retail Limited, Re [2024] EWHC 1194 (“Superdry”) 

24th June 2024

On 17 June 2024, Sir Alastair Norris sanctioned a restructuring plan proposed by C-Retail Limited as part of a debt restructuring proposed by the Superdry Group (“Superdry”). This sanction hearing followed a convening hearing held on 16 May 2024.

At the convening hearing, Philip Morrison (instructed by Hogan Lovells) appeared on behalf of the Prudential Assurance Company Limited, the landlord of Superdry’s Oxford Street premises, and successfully sought disclosure of documents from C-Retail Limited.

The Judgment of Sir Alastair Norris on that application is reported as Re C-Retail Limited [2024] EWHC 1194. This Judgment is likely to be of interest of those advising companies involved in restructuring plans as well as those advising entities who may seek to oppose such plans. The case details were recently published on Global Restructuring Review, please click here for further information.

To read the full Judgment, please click here.