5 août 2022
R&I Update - August 2022 – 5 de 7 Publications
The Insolvency Service's report on the impact of CVAs on commercial landlords, particularly in the retail and casual dining sector, follows concerns from landlords that compromises are unfairly affecting them. The research was based on 59 CVA proposals.
Changes could be made to provide greater clarity and improve stakeholders' understanding:
The exclusion of uncompromised creditors from voting could further address criticism around vote "swamping" although this would require further consultation.
While improvements to provide clarity and better consultation for creditors will be welcomed, the Report's limited suggestions for reform are likely to be a disappointment to commercial landlords. It remains to be seen whether further consultation will take place.
To discuss the issues raised in this article in more detail, please contact a member of our Restructuring & Insolvency team.
5 August 2022
5 August 2022
par Luke Viner
5 August 2022
par Lorna Bramich
5 August 2022
5 August 2022
par Lorna Bramich
5 August 2022
5 August 2022
par plusieurs auteurs
par Lorna Bramich
par Lorna Bramich