Some very sensible and commercial proposals by Morgan Garfield in this article. A really clear and well thought through piece. I hear from some insolvency practitioners that some solvent retailers are now looking at a CVA in order to remain competitive with retailers in a CVA .......
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CVAs are creating zombie high streets.....
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The Company Voluntary Arrangement (CVA) process has been mutated into a legal mechanism that reduce rents but otherwise leave undead businesses unfit for the challenges of the modern retail environment, writes Morgan Garfield.
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