Company Voluntary Arrangements Explained

Company Voluntary Arrangements Explained

How to Draw a Line Under Historic Debts and Get Back to Business If you run a business under financial strain, the term Company Voluntary Arrangement or CVA will have crossed your desk. In my years of practice I have seen CVAs play a crucial role in turning businesses...

Why do so many CVAs fail?

A company voluntary arrangement (CVA) is a formal agreement between a company and its creditors to repay its debt over an extended period of time. It’s an alternative to liquidation or administration and it’s used as a way for the company to restructure...