LISTEN: Julie Gattegno, partner at CMS, looks at recent CVA rulings
Tim Carter and Helen Wheddon look at implications for landlords of the unsuccessful challenge
Tim Carter and Helen Wheddon look at implications for landlords of the unsuccessful challenge
The judge ordered the revocation of the CVA but declined to order the nominees to repay their fees
The Virgin Active case has been described as “a CVA on steroids”
Landlords fear they are “in for a reckoning” and “world of hurt”
COMMENT “Reintroducing Crown preference makes landlords the unwitting stooge of the pandemic”
The industry group has written to Lord Callanan to demand tougher rules
COMMENT: “The process is damaging the high street and undermining the UK’s reputation”
Covid-19 has changed the game for the long term, said Cedar Dean boss
COMMENT Operators should actively engage with their landlords to find a solution to current problems
EDITOR’S COMMENT We need a little reminder of how leases should work