- Banking and Finance
- Commercial Law
- Business Law
- Commercial Property
- Breach of covenants and lease termination
- Grant of new lease and assignments / transfer of ongoing leases
- Landlord’s consent to make alterations to premises
- Planning law and section 106 agreements
- Renewing a business tenancy
- Sale and Purchase of Freehold Commercial Property
- WHAT SHOULD A LANDLORD’S SOLICITOR DO?
- WHAT SHOULD A TENANT’S SOLICITOR DO?
- Company law
- Corporate Recovery and Insolvency
- Healthcare Sector
- Intellectual Property
- Commercial Litigation
- Business / Contractual disputes
- Commercial Insolvency
- Commercial Property
- Debt Recovery
- Directors’ and Shareholders’ Disputes
- E-Commerce Disputes
- Media and Intellectual Property
- Partnership Disputes
- Resolution and Mediation
- Corporate Crime and Risk
- High Value and Luxury Assets
- Buying and Selling a Private Jet
- Buying and Selling a Racehorse
- Buying and Selling Classic and Luxury Cars
- Buying and Selling Fine Art
- Buying and Selling: Antiques
- Buying and Selling: Couture Clothing
- Buying and Selling: Jewellery
- Buying and Selling: Yachts and Super Yachts
- Contact Us
- Purchasing and Selling a Helicopter
- Thank You
Company voluntary agreement
A company voluntary arrangement (‘CVA’) is recognised as the formal procedure that enables a company in financial distress to come to an arrangement with its creditors. By virtue of its title, it is a voluntary procedure but one that should be undertaken with expert assistance. The advantages of a CVA will permit the company to remain in business and will allow the company directors to run and operate the business themselves rather than an insolvency practitioner.
Saracens can provide expert help and legal advice by assisting in drafting a CVA for submission to creditors. The CVA will have to be approved by 75% of your business’ creditors but our commercial team has experience in negotiating with creditors and will endeavour to assist.
In addition, Saracens will be able to guide your business through the obligations of the binding CVA and help build a legal strategy for your business whilst the process is ongoing.
Call us to discuss matters.