Debenhams faces landlord challenge over rescue plan

Debenhams faces  a legal challenge from a landlord

One of department store group Debenhams’ landlords is seeking to challenge the retailer’s rescue plan by overturning a legal decision on its CVA.

n September, Debenhams got the legal go-ahead to close branches after Combined Property Control Group (CPC), the owner of six properties leased by Debenhams, opposed the CVA.

CPC has now launched an appeal of the decision. A hearing on the matter is expected in January.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now