In the last twenty years, and particularly in the aftermath of the global financial crisis, schemes of arrangement have come to be recognised as a flexible and valuable tool for the restructuring of debt. The importance of finding effective mechanisms to facilitate the debt restructuring of viable but financially distressed companies in order to ensure their survival (or at least the survival of the business) underlies the recent Restructuring Recommendation and draft Restructuring Directive published by the European Commission. The recommendations in both documents rely heavily on the two dominant global mechanisms that exist at present to achieve such a restructuring, namely US chapter 11 and the UK scheme of arrangement. It is the UK scheme of arrangement that has been a particularly important player within Europe in recent years, as companies in other EU Member States that lack an effective mechanism to achieve such a restructuring have made use of the UK scheme of arrangement to restructure their debt. Companies such as Rodenstock GmbH (a German company), La Seda De Barcelona SA (a Spanish company), Seat Pagine Gialle SPA (an Italian company), and groups such as Van Gansewinkel Groep BV (involving 5 Dutch companies and one Belgian company) are among those that have made use of schemes of arrangement to reorganise their debt in recent years. This use of schemes has not been confined to companies within the EU, however, as companies from all over the world have gone to the courts in London to make use of this option.

中文翻译：

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安排方案作为债务重组工具的持续重要性

在过去的二十年中，尤其是在全球金融危机之后，安排方案已被公认为是债务重组的一种灵活而有价值的工具。寻找有效的机制来促进有生存能力但财务困难的公司的债务重组以确保其生存（或至少是业务的生存）的重要性是欧洲委员会最近发布的《重组建议》和《重组指令》草案的基础。这两份文件中的建议都严重依赖于目前存在的实现这一重组的两个主要全球机制，即美国第11章和英国的安排方案。近年来，正是英国的安排方案在欧洲范围内发挥了特别重要的作用，由于其他欧盟成员国中缺乏有效的重组机制的公司已经利用英国的债务偿还安排方案进行债务重组。诸如Rodenstock GmbH（德国公司），La Seda De Barcelona SA（西班牙公司），Seat Pagine Gialle SPA（意大利公司）等公司，以及Van Gansewinkel Groep BV（涉及5家荷兰公司和1家比利时公司）等集团。近年来利用安排方案重组其债务的公司之一。但是，这种方案的使用不仅仅局限于欧盟内部的公司，因为来自世界各地的公司已经向伦敦的法院提起使用该方案的机会。