Legal News

How the reputation of the CVA is receiving a makeover

Published on: 13 June 2018

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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