Portland Business & Financial Solutions The way forward, made brighter

Company Voluntary Arrangements work even with eggs in one basket

Read an article on our sister site, Cashsolv, to hear how a recent case is a good example of a situation where a business which had become insolvent as a result of a breakdown in a trading relationship with its main customer, was saved using a company voluntary arrangement.

A company voluntary arrangement was proposed and accepted by creditors, as the financial outcome was clearly significantly better than a pence in the pound liquidation alternative.

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