Please visit https://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Wednesday, 17 December 2008

How to Terminate Leases and Contracts using CVA

In these tough times for retailers and other companies with surplus property we are often asked, "how can we exit a lease(s) without huge legal costs and penalties"?

The old fashioned way is liquidation or of course administration can be used. Alternatively we can terminate leases with the directors remaining in control, without terminal insolvency and this can often leave a healthier business to recover.

See this new guide here to terminating a lease in a company voluntary arrangement or CVA

If you have a client or business that needs to shed property or face unnecessary closure, call Keith Steven now on 07974 086779.

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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