In the third of a series of articles on Company Voluntary Arrangements, Ben Channer gives an overview of the implications for landlords of commercial tenants entering into CVAs.
Barely a week seems to go by without news of another financially struggling high street retailer considering a CVA. The loss of revenue caused by the ongoing coronavirus restrictions and boom in online shopping has been particularly felt by many such businesses who have significant rental obligations associated with occupying large multilocational premises.
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December 15, 2022