Company Voluntary Agreement

1,500 jobs at risk as Paperchase calls in administrators

Paperchase, the UK-based stationary store chain, has reportedly called in administrators due to a lack of sales caused by Covid-19. …

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Clarks shareholders approve £100m LionRock Capital rescue deal

Clarks has announced that its shareholders have approved a financial rescue deal from a Hong Kong-based private equity company. LionRock…

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Pizza Hut to close 29 sites, 450 jobs cut

Pizza Hut has confirmed it is to close 29 sites as part of a Company Voluntary Agreement (CVA) that will…

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Forever 21 rescued by landlords in £62m deal

Two of Forever 21’s largest landlords have reportedly been given the go-ahead to acquire the company out of bankruptcy in…

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Clintons saved from administration

Clintons has been saved from administration after the Weiss family regained control of the business through a new entity. Will…

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Clintons could close up to 66 stores

Greeting cards retailer, Clintons, has revealed plans to shut one in five of its UK stores, and is looking to…

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Mothercare appoints KPMG as advisers

Mothercare has appointed ‘Big Four’ accountancy firm KPMG as advisers to help assess its options for its embattled retail business.…

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Forever 21 files for bankruptcy, plans to axe up to 350 stores

US fashion retailer Forever 21 has filed for Chapter 11 bankruptcy protection and has announced plans to exit international markets…

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Office appoints advisers amid CVA rumours

Footwear retailer Office has appointed advisers as it considers a potential restructuring of the business. According to Sky News, Office…

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Pensions Regulator boss to face questions over Arcadia deal

The Pension Regulator (TPR) boss, Charles Counsell is set to appear in front of the Work and Pensions Committee, regarding…

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