Posted by Richard Lake, Associate
Q1 2018 in Retail and Leisure: CVAs, spectacular collapses and what they mean for landlords
The beginning of the year has seen a number of casualties in the retail and leisure sectors with numerous household names entering CVAs and, in the case of the retail giant Toys “R” Us, collapsing altogether. Various retailers and leisure operators are falling foul of an increasingly challenging and competitive marketplace but what are CVAs, why have there been so many, and how will landlords be affected by them?