Company voluntary arrangement

A company voluntary arrangement (CVA) is a procedure whereby a plan of reorganisation takes place, which may involve delayed or reduced payments of debt, capital restructuring or an orderly disposal of assets. It is proposed to creditors and shareholders at separate meetings. There is limited involvement by the court, and the scheme is under the control of a licensed insolvency practitioner acting as a supervisor. We have developed an enviable reputation for being one of the firms to actively use the CVA procedure in order to save companies and businesses.