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debt

COVID-19: OPTIONS AND PROTECTION AVAILABLE TO COMPANIES IN DISTRESS

Trying to do the right thing by the company’s employees, customers, suppliers and other stakeholders whilst ensuring ongoing compliance with their fiduciary duties will be challenging, however, changes have been made to the insolvency regime to provide directors with breathing space to explore their options.

Company voluntary arrangements ("CVA") - A valuable restructuring tool in a post pandemic world

CVA’s are often associated with large multi-site retailers seeking to restructure shop-lease portfolios however they are much more than this.