by Paul Brindley | Jan 29, 2023 | Advice to Directors, CVAs
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...
by Paul Brindley | Apr 14, 2020 | Administration, Advice to Directors, Coronavirus, CVAs
No one wants to see their business go into administration. The perception is that administration is a process for businesses that are about to disappear, there being no need for the business any more or the business model is fundamentally broken and unfixable. But...