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Rescue means

By: Language: English Series: Estates Gazette ; (0918) 9 May 2009, 42-45(3)Publication details: 2009Subject(s): Summary: Discusses the impact of retailer JJB Sport success in persuading creditors to vote in favour of its company voluntary arrangement (CVA). The acceptance of the CVA by 98% of JJB Sport?s creditors is seen an important test case for retailers and landlords of commercial property. Provides an explanation of what a CVA is and how it can be used. Identifies retailers who failed to persuade their creditors to accept CVAs including Powerhouse in 2007 and Stylo, the company behind the Barratt and Priceless brands.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L147522 (Browse shelf(Opens below)) 1 Available 147522-1001

Discusses the impact of retailer JJB Sport success in persuading creditors to vote in favour of its company voluntary arrangement (CVA). The acceptance of the CVA by 98% of JJB Sport?s creditors is seen an important test case for retailers and landlords of commercial property. Provides an explanation of what a CVA is and how it can be used. Identifies retailers who failed to persuade their creditors to accept CVAs including Powerhouse in 2007 and Stylo, the company behind the Barratt and Priceless brands.