Sumner: what next for CVAs?

Company voluntary arrangements (CVA) are the flavour of the month, but are they merely a way for companies to absolve liability. Caroline Sumner, R3 technical and education director, considers the pros and cons

2018 has been the year of the company voluntary arrangement (CVA) on the High Street. Big name brands, including Mothercare, House of Fraser and Byron Hamburgers have all explored or agreed a CVA since the start of the year.

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