Re House of Fraser (Funding) Ltd

Company – Insolvency. Twelve days' notice to creditors for the hearing of the applicant company's application an order convening a single meeting of scheme creditors to consider and, if thought fit, approve a scheme of arrangement was sufficient. The Chancery Division further held that the correct definition of classes was that there should be a single class of scheme creditors and approved the process to take the matter forward to an approval hearing.

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