This note outlines one attractive option for businesses within the retail and hospitality sector, Company Voluntary Arrangements (“CVAs”), and highlights how they can be used as part of a rescue or restructuring plan. Why retail
Anyone who has acquired a business as a going concern will be aware of The Transfer of Undertakings (Protection of Employment) Regulations 2006 (“TUPE”) and its far reaching application. TUPE legislation exists for good reason:
In times of economic uncertainty it is a sad reality that the numbers of individual bankruptcies tend to increase, often dramatically. It is therefore important for trustees in bankruptcy and other insolvency practitioners, lenders and
The latest figures from the Insolvency Service report that insolvencies in the construction industry increased by around 8% last year. These figures, together with reports on the recent collapse of Carillion, have brought the issue
The Insolvency Service statistics for July to September 2016 show that the estimated number of Company Voluntary Arrangements (“CVA”) in the third quarter of this year fell by 31.8% compared to the same quarter in
In an article that first appeared in The In-House Lawyer Magazine, Druces lawyers Charles Spragge, Victoria Novikova and Max Palmer consider the primary European regulations relevant to dispute resolution agreements and what the position may be
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