Arcadia avoids collapse as landlords back rescue plan

Business
Arcadia avoids collapse as landlords back rescue plan. 13/6/2019. Sir Philip Green’s fashion empire lives to fight another day after it secured backing for its restructuring plan. Arcadia managed to convince more than three-quarters of its unsecured creditors – made
Read more

Update on retail CVAs

Business
Update on retail CVAs 12th June 2019. Today we have seen updates on 3 of the recent retail CVAs. Intu deals blow to Arcadia hopes Shopping centre owner Intu is planning to vote against Sir Philip Green’s revised proposals to
Read more

UPDATE: Monsoon holds back rescue plan

Business
UPDATE: Monsoon holds back rescue plan 7/6/19 Peter Simon, the owner of the Monsoon and Accessorize retail chains, has delayed plans for a CVA after landlords failed to back a similar plan for Arcadia. The CVA, led the by Deloitte,
Read more

British Steel collapses into insolvency – updated 07/6/2019.

Insolvencies
British Steel collapses into insolvency. 22/5/2019 (updated 07/6/19). British Steel collapses into insolvency after talks with the government over a bailout talks failing. Just yesterday we wrote the article “Government in talks to save British Steel”. But today British Steel
Read more

Luxury chocolate retailer Rococo collapses into administration

Business
Luxury chocolate retailer Rococo collapses into administration. 31st May 2019. Updated 4th June 2019. According to press association releases, Luxury chocolate brand Rococo has gone into administration. The high-end chocolatier, which has five stores in central London, will now be
Read more

Ready to speak to an advisor?

For help or advice on credit management, entirely without obligation.
Call us today

0330 053 9263