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CVA

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Bristol fast-food chain Friska goes into administration

06 July 2021 by

Bristol-based café and quick-service restaurant chain Friska has fallen into administration.

News

Drake & Morgan CVA approved with three sites to close

09 June 2021 by

Drake & Morgan has secured approval to enter a Company Voluntary Arrangement (CVA) after 90% of creditors who voted approved the proposals.

Drake & Morgan plans CVA with possible closure of three sites News

Drake & Morgan plans CVA with possible closure of three sites

13 May 2021 by
Greene King enters discussions with Loch Fyne landlords ahead of CVA decision News

Greene King enters discussions with Loch Fyne landlords ahead of CVA decision

25 March 2021 by
Leon CVA approved News

Leon CVA approved

19 December 2020 by
London’s Arros QD gets creditor approval for CVA News

London’s Arros QD gets creditor approval for CVA

04 December 2020 by

Caffè Nero's CVA approved after failed takeover bid News

Caffè Nero's CVA approved after failed takeover bid

01 December 2020 by

Caffè Nero is to enter into a company voluntary arrangement (CVA) after rejecting a takeover bid[...]

Travelodge retains 578 of its hotels News

Travelodge retains 578 of its hotels

27 November 2020 by

Travelodge has announced it has retained 578 of its 592 hotels despite an acrimonious company voluntary[...]

Leon to explore a CVA to ‘move forward’ with landlords News

Leon to explore a CVA to ‘move forward’ with landlords

24 November 2020 by

Fast-casual chain Leon has confirmed it is exploring a company voluntary arrangement (CVA) in light of[...]

Caffè Nero founder would buy back brand ‘at the right price’ News

Caffè Nero founder would buy back brand ‘at the right price’

17 November 2020 by

Millionaire businessman Ian Semp, the original founder of Caffè Nero, has said he would consider making[...]

News

Revolution Bars CVA approved with six sites to close

Revolution Bars’ company voluntary arrangement (CVA) has been approved and will see the business exit six of its bars immediately with turnover-based rental terms agreed with seven others for the next two years."

13 November 2020 by
Caffè Nero launches CVA proposal as pandemic 'decimates' trading News

Caffè Nero launches CVA proposal as pandemic 'decimates' trading

13 November 2020
by

Caffè Nero is the latest high street brand to launch a company voluntary arrangement (CVA) proposal due to the impact of the coronavirus pandemic on its business.

Revolution Bars launches CVA with six sites expected to close News

Revolution Bars launches CVA with six sites expected to close

27 October 2020
by

Revolution Bars has launched a Company Voluntary Arrangement (CVA) to shed sites, reduce rents, “and improve the profitability and return on capital of the group over the long-term”.

Ibérica undergoes CVA with closure of two restaurants News

Ibérica undergoes CVA with closure of two restaurants

26 October 2020 by

Spanish restaurant group Ibérica has undergone a Company Voluntary Arrangement (CVA), with the closure of two[...]

Wahaca CVA approved with closure of 11 restaurants News

Wahaca CVA approved with closure of 11 restaurants

23 October 2020 by

Wahaca has become the latest casual dining group to enter a Company Voluntary Arrangement (CVA), with[...]

Pizza Hut CVA approved with 29 restaurant closures and 450 job losses News

Pizza Hut CVA approved with 29 restaurant closures and 450 job losses

28 September 2020 by

The Pizza Hut Restaurants Company Voluntary Arrangement (CVA) has been approved following a vote today, which[...]

Revolution Bars exploring CVA News

Revolution Bars exploring CVA

25 September 2020 by

Revolution Bars Group has confirmed it has been working with advisers to assess its options and[...]

News

Gusto CVA approved

Gusto Italian has completed a company voluntary arrangement (CVA) process which has secured more than 600 jobs but will see four sites close."

23 September 2020 by
Wahaca launches CVA proposal News

Wahaca launches CVA proposal

22 September 2020
by

Mexican restaurant chain Wahaca is the latest casual dining group to launch proposals to enter into a Company Voluntary Arrangement (CVA).

Gusto looks to CVA to secure its future News

Gusto looks to CVA to secure its future

14 September 2020
by

Italian restaurant group Gusto has launched a CVA proposal to “secure the future of the business” following the impact of the Covid-19 pandemic.

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