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Company – Scheme of arrangement. The Chancery Division held that there was no legal or equitable impediment to a bank agreeing to modify a scheme of arrangement in respect of the Co-Operative Bank plc and, in all the circumstances, the court approved the modified scheme which had been put forward for approval.
Company – Scheme of arrangement. The Chancery Division held that there was no legal or equitable impediment to a bank agreeing to modify a scheme of arrangement in respect of the Co-Operative Bank plc and, in all the circumstances, the court approved the modified scheme which had been put forward for approval.
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