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Nero CVA challenge to proceed to full trial

United Kingdom - June 1 2021 As with many retail businesses, the Nero Group has been seriously impacted by the Covid-19 pandemic. The company is the tenant of 619 stores and in…

Permission to appeal granted on five grounds in New Look CVA challenges

United Kingdom - May 17 2021 Landlords on 10th May lost their legal challenge at first instance against fashion retailer New Look’s use of a company voluntary arrangement (CVA)…

Nominee found in breach of duties in successful Regis’ CVA challenge and CVA revoked: a warning shot across the bows of accountancy firms

United Kingdom - May 17 2021 The legal challenge (Carraway Guildford (Nominee A) Limited and Others v Regis UK Limited and Others, No. 8276 of 2018) by landlords against a retail…

Part 26A challenge costs: to be determined following Virgin Active sanction

United Kingdom - April 23 2021 Creditors with legitimate grounds to challenge scheme or restructuring plan proposals and who assist the court in so doing should not…