Company Voluntary Arrangements
A company voluntary arrangement (CVA) is an arrangement which allows a company to reach an agreement with its creditors in relation to its debts. A CVA is a contractual arrangement which can be used to restructure a company’s debts and potentially allow a company in financial distress to continue to trade.
A CVA often involves an agreement to settle a proportion of debts, to settle debts over a longer period of time or a combination of both.
We are experienced in advising companies, insolvency practitioners, directors and creditors (particularly landlords) in relation to CVA proposals and the effect of CVAs on debts once a CVA has been agreed by creditors.
Please contact Kathryn Maclennan on 01254 268792, firstname.lastname@example.org or Richard da Roza on 01254 268793, email@example.com