Argo Blockchain Launches Court-Backed Restructuring Plan Under UK Companies Act
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Argo Blockchain plc has launched a court-backed restructuring plan under Part 26A of the UK Companies Act 2006. The plan involves creditors and registered members, with legal representation by Fladgate LLP. The High Court of Justice has issued an order for the process, with no costs order. The plan includes procedures for effectiveness and issuance of new shares, governed by English law.
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