Quote:
Originally Posted by heero_yuy
With all these chains going CVA it must be bad for the landlords.
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It’s worse for the landlords if a chain goes bankrupt and they immediately lose 100% of the income, then have to apply to the liquidator to try to recover back rent. All the CVA process really does is force intransigent creditors to confront economic reality, which in turn may lessen the frequency and severity of these massive job loss news stories.