Company Voluntary Arrangements & Commercial Property - The Legal Essentials Explained
The use of company voluntary arrangements (‘CVAs’) has long been controversial, especially their impact on commercial landlords.
On one hand it is frequently argued that it is the ‘least bad’ option for rescuing a troubled business, especially compared to the alternatives of administration or liquidation.
On the other hand, it is argued that it is often used as a means for businesses to ‘rewrite’ and ‘dump’ onerous lease obligations to the detriment of their landlords and give those companies in a CVA an unfair advantage over their competitors.
Which view is correct and, indeed, can the interests of landlords and tenants contemplating a CVA be reconciled?
How can a CVA be challenged and what is the current approach of the Court in resolving disputes?
This new webinar will give a summary of the key issues to legal and property professionals who practice in the fields of commercial property and insolvency.
What You Will Learn
This webinar will cover the following:
- What is a CVA and why are they controversial?
- A typical structure of a large retail CVA
- Landlords and tenants - are their perspectives reconcilable?
- Basic fairness v unfair prejudice - the law following the Debenhams CVA
This pre-recorded webinar will be streamed at 12:30pm on Tuesday 5th October 2021 and will remain available to view by delegates who have registered by then for 90 days.
at your organisation