CVA
Pizza Hut launches CVA with 450 jobs at risk
Pizza Hut has proposed a Company Voluntary Agreement (CVA) that would see the closure of 29 restaurants and 450 job losses.
PizzaExpress CVA involving 73 site closures and the loss of 1,100 jobs approved
PizzaExpress’ creditors have approved a company voluntary arrangement (CVA) that will see the closure of 73 of the group's UK restaurants and 1,100 job losses.
Yo! Sushi creditors approve CVA proposal
Wasabi launches CVA to 'safeguard its future'
PizzaExpress launches CVA involving 73 restaurant closures and 1,100 job losses
Yo! Sushi earmarks 19 sites for closure in CVA proposal
PizzaExpress CVA could close 15% of its UK restaurants
The restructure of PizzaExpress will see it enter a company voluntary arrangement (CVA) “in the near[...]
Itsu hopes CVA will serve up mass rent reductions
Itsu has launched a CVA to secure rent reductions at 53 of its 77 sites, with[...]
Pizza Hut appoints advisors to explore possibility of CVA
Pizza Hut Restaurants could be the latest casual dining chain to undergo a Company Voluntary Arrangement[...]
Up to 75 PizzaExpress sites reported to be at threat as casual dining giant looks to restructure
Up to 75 PizzaExpress sites are reported to be earmarked for closure as the casual dining[...]
The Restaurant Group expected to close 125 sites following CVA approval
The Restaurant Group (TRG) will close 125 sites and see improved rental terms on others after a Company Voluntary Arrangement (CVA) gained approval. "
Wake-up call: What does the new Corporate Insolvency and Governance Bill mean for hospitality?
Now is a good time to learn about this new legislation, says Andrew Taylor.
Viewpoint: Landlords must share more of the pain
With insolvencies only set to increase following the June rent deadline, Phil Reynolds explains what options are available for struggling businesses
Travelodge landlords say still too much uncertainty, despite ‘sweetened’ offer
The Travelodge Owners Action Group has said there is still too much uncertainty around the budget[...]
The Restaurant Group launches CVA pursuing closure of 125 sites
The Restaurant Group (TRG) has launched a Company Voluntary Arrangement (CVA) that would see the closure[...]
Travelodge reveals details of CVA proposal seeking 38% total rent reduction
Travelodge has put forward a company voluntary arrangement (CVA) bid to landlords, seeking a 38% reduction[...]
Highest insolvency cost in seven years driven by hospitality
A total of £346.11m was paid out last year, the highest level since 2012, driven by[...]
Chilango creditors approve CVA
Chilango’s Company Voluntary Agreement (CVA) has been approved by creditors and shareholders today."
Chilango co-CEOs to step down
The co-founders of Mexican restaurant group Chilango, Eric Partaker and Dan Houghton, have announced they are to step down as co-CEOs.
Chilango brand ‘still profitable at restaurant level’ as it enters CVA
Mexican restaurant group Chilango has confirmed plans to enter a Company Voluntary Agreement (CVA) to remain in operation.
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