In our second alert in the series we consider the key takeaways for UK insolvency practitioners following the CVA challenges in New Look and Regis.  Our alert considers the following:

  • Nominee’s duties
  • Risks to fees
  • Disclosure requirements
  • Discounts and formulas for calculating landlord claims for voting purposes; and
  • The shape of post-pandemic CVAs

To read our first alert considering the outcome of the judgments from a landlord’s perspective click here.