CVAs: the kiss of death?


 

Sad news today with the confirmation that David Price Food Services has ceased trading with immediate effect, with the loss of more than one hundred jobs and no doubt a significant impact on the local region. The Tyne and Wear operator is set another in a long line of companies that having entered into a Company Voluntary Arrangement (CVA) – in its case just over a year ago – has ultimately succumbed. Indeed, trading successfully out of a CVA is […]