RE: Creditors meeting and court hearing11 May 2021 12:37
My view is that the creditors meeting will go ahead as planned, reaching the approval levels needed for the scheme.
Amigo and creditors will be unlikely, and unwilling, to change the scheme as it stands based on the FCA letter.
Amigo will take the creditors decision to the court and argue, against the FCA, that is appropriate to proceed.
So all eyes on the 19th May court date. DD here suggest the court wont throw out the scheme based on fairness criteria, but thats the part I'm less sure about.