The number of individual voluntary arrangements (IVAs) is set to soar to over 50,000 this year, according to industry sources. This follows two years in which the number of IVAs has been slightly more than 40,000 per year.
United Kingdom, Insolvency & Restructuring, DMH Stallard LLP, Discrimination, Mortgage loan, Economy, Communications protocol, American Bankers Association, Bank of England
In September 2003, PRG Powerhouse Limited bought the Powerhouse business and its leases. As a condition of the sale, the landlords of various stores accepted a guarantee from Powerhouse’s parent company in respect of Powerhouse’s obligations under the leases.
United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, DMH Stallard LLP, Retail, Surety, Landlord, Consideration, Debt, Liability (financial accounting), Prejudice, Parent company