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Debenhams asks for rent cuts amid fears of second CVA
2020-03-23 13:13:00| Daily apparel & textile news and comment - from just-style.com
UK department store retailer Debenhams could launch its second CVA in less than a year after it wrote to landlords last week asking for a rent holiday and longer-term reductions as it seeks to manage its operations amid pressures stemming from the Covid-19 outbreak.
Debenhams' CVA challenge rejected by courts
2020-03-11 12:33:00| Daily apparel & textile news and comment - from just-style.com
Debenhams says a company voluntary arrangement (CVA) challenge process, which began last year, has now come to an end and the retailer can proceed with its debt restructuring and continue its recovery.
Tags: challenge
courts
rejected
debenhams
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