The CVA: A useful tool for the large retailer

Morgan Bowen, Nishi Gandesha, and Emma Lloyd discuss process and procedure ‘The glut of formal insolvencies that was predicted for the retail and wholesale sector at the commencement of this latest recession has not in fact come to pass.’ Recent years have seen the use, by large retailers who are in financial difficulty, of the …
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Cases Referenced

  • Mourant & Co Trustees Ltd & anor v Sixty UK Ltd & ors [2010] EWHC 1890 (Ch)
  • Prudential Assurance Co Ltd & ors v PRG Powerhouse Ltd & ors [2007] EWHC 1002