Did House of Fraser’s landlords make the right call?

House of Fraser is forging ahead with its store closures after settling its legal battle with a group of landlords over its company voluntary arrangements. While the initial dispute highlighted the industry’s increasing defiance against the controversial insolvency process, which enables companies to close stores and cut rent bills, the outcome has garnered some scepticism from critics. The settlement The landlords – Lunar Altrincham, which owns HoF’s Altrincham store, Autumn Properties, which owns its shop in Birkenhead, and Eden Commercial, which has a store in High Wycombe – had claimed the CVA was “unjust” and “prejudiced towards a targeted group