i-law

Commercial Leases

Tenant cash flows and CVAs still haunt commercial landlords

JJB Sports

In April 2009 JJB Sports entered into a CVA with its creditors and closed 140 outlets. JJB Sports continues to struggle and has just entered into another planning CVA with Richard Fleming of KPMG as the Supervisor. Creditors are likely to receive between 25p and 29p in the £.

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