Avoiding a £1 dilapidations value in CVAs

For landlords frustrated by the lack of sway they have in determining how tenants implementing company voluntary arrangements (CVAs) allocate their funds, there is a potential solution that will see them significantly increase their voting powers.

At the moment, landlords are missing out on protecting their income and insolvency voting rights for tenants going into administration and implementing CVAs on properties they occupy. The answer could lie in having potential dilapidation schedules pre-determined.

The CVA process

CVAs have become a scarily regular fixture on the news agenda, with struggling retailers turning

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