By Helen Crane2018-05-25T00:00:00
Some landlords and retailers believe the system is being used as a way of getting out of store leases.
As yet more companies have begun to take the controversial route in an attempt to slash their oversized property estates and return to profitability, a growing number of landlords and retailers have railed against the practice, arguing that it is cynically being misused by financially stable retailers to get out of store leases they signed as part of over-ambitious expansion plans.
But how likely are these threats to translate into action and force changes to CVA practice?
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts