Table of contents
- What are the current issues with CVAs that have been identified by the R3 report?
- What recommendations does the report make?
- How do you think the different creditor groups (ie landlords/trade creditors/etc) will react to the report?
- How likely are the recommendations to be implemented?
- Anything else worth mentioning?
Article summary
Restructuring & Insolvency analysis: Rose Lagram-Taylor, barrister at South Square, says that if the recommendations in a report by R3, trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals, are adopted, the company voluntary arrangements (CVA) insolvency procedure could become more attractive.
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