Commercial landlords have called for tougher controls on the way insolvencies are managed to prevent firms using administrators 'to threaten suppliers'.

The landlords' demands come as sports retailer JJB is expected to win their support for a Company Voluntary Arrangement tomorrow which should cut its rent bill and prevent it going into administration. If the chain wins the 75% support it needs at its creditors' meeting in London it will be the first time a major company has managed to agree a rescue CVA.

The British Property Federation, which represents some of the biggest landlords, praised JJB and its advisers KPMG for "the open and honest manner in which proceedings have been carried out".

The Observer