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CVAs: Still in fashion
Following the New Look judgment, in which the retailer successfully defended a challenge to its CVA, Jonathan Dunkley provides his takeaways from a real estate perspective Since it was common ground that the CVA offered the compromised landlords a better return than they would achieve in the relevant alternative, the jurisdictional hurdle that there be …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Discovery (Northampton) Ltd and others v Debenhams Retail Limited and others [2019] EWHC 2441 (Ch)
- IRC v Wimbledon Football Club Ltd [2004] EWHC 1020 (Ch)
- Lazari Properties 2 Limited and Ors and New Look Retailers Limited (New Look) [2021] EWHC 1209 (Ch)