Advertisement
How Do the Recent Company Voluntary Arrangement (CVA) Challenge Decisions in New Look and Regis Impact UK Insolvency Practitioners? Wednesday, July 7, 2021
For the most part, the outcome of the New Look and Regis CVA challenge cases impact the company subject to the CVA and the creditors bound by it, far more than they impact the insolvency practitioners (IPs) acting as nominee or supervisor
However, given that part of the recent challenge cases has involved claims that might see the IP having to repay their nominee and/or supervisor fees, and claims against them for breach of duty, both the outcome in New Look, but more so Regis, give some comfort and guidance to IPs acting in that role about what their responsibilities are and whether, if a CVA is challenged, they will have to repay their fees.
Business rates revaluations to take place every three years instead of five
thegrocer.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegrocer.co.uk Daily Mail and Mail on Sunday newspapers.
LocalGov co uk - Your authority on UK local government - Treasury launches consultation for business rates revaluations every three years
localgov.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localgov.co.uk Daily Mail and Mail on Sunday newspapers.