Rise in interest rates has led to more retailers using the controversial restructuring tool
The posh welly and waterproof retailer wants to cut its rent bill, but needs a bridging loan first
The Insolvency Service’s research into company voluntary arrangements doesn’t tell the whole story
Why the company’s CVA may have wider implications for landlords facing tenants’ restructuring plans
A look at the decision to sanction gym group Virgin Active’s restructuring plan
Landlords fear they are “in for a reckoning” and “world of hurt”
Group of landlords had claimed that the retailer’s restructuring arrangements were unfair
Landlords challenge the “inherent unfairness” of the CVA, agreed in September last year
Landlords argue that they were “unfairly prejudiced” by CVA process in what is seen as a test case
COMMENT “Reintroducing Crown preference makes landlords the unwitting stooge of the pandemic”
The trial date was discussed at a case management hearing held late on Friday
The trial date was discussed at a case management hearing held late on Friday