© 2019 Alexander Lawson Jacobs Ltd  |  Designed by Pelekan Design

Registered office: 1 Kings Avenue, London N21 3NA
Company registered in England No 5814561.  VAT No  884 3058 04.  Legal & Regulatory

Company Voluntary Arrangement (CVA)

Company Voluntary Arrangement (CVA)

 

A CVA is a binding agreement between a financially troubled company and its creditors for payment of all, or part of, the company’s debts over an agreed period.

The company can continue trading during the CVA and afterwards.

A CVA can be proposed by the company’s directors, but not by its shareholders or creditors.

There are a number of key advantages that a CVA has to a voluntary liquidation:

  • Possible survival of the company

  • Potentially higher returns to creditors

  • There is no statutory advertisement minimising the potential for bad publicity

  • There are no restrictions on trading

  • The directors remain in full control of the business

Get in touch to find out more.

Corporate Services

Company Voluntary Arrangement (CVA)

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Administration

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Liquidation

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Personal Services

Individual Voluntary Arrangement
(IVA)

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Time to Pay Arrangements

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Bankruptcy

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