PLA Event: Reaction to the Debenhams CVA challenge (Discovery (Northampton) Limited v Debenhams Retail Limited)

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Registration: 8.00 a.m.
Event times: 8.30-9.30 a.m.
Cost: FREE to PLA members (first come, first served)

POST-DEBENHAMS: THE AGE OF THE CVA BECKONS?

The wave of retailer CVAs (company voluntary arrangements) continues unabated, tearing up leases and slashing rents, with landlords seemingly powerless to stop it.  The challenge brought by a group of landlords to the Debenhams CVA – claiming it was unfair and outside the jurisdiction of insolvency law – echoed concerns raised by many property owners and practitioners, but was rejected by the High Court on 19 September 2019.  Was that the industry’s best shot, and if so are retail CVAs now unassailable?

The PLA is delighted to invite you to a special breakfast seminar at which Stephen Jourdan QC (fresh from his recent Blundell lecture on CVAs) will provide his reaction to the decision in Discovery (Northampton) Limited v Debenhams Retail Limited and consider what it means for landlords of retail premises.  Will all retail CVAs now be deemed “fair” and lawful if they follow a similar model, no matter how painful they are for landlords?  Are CVAs likely to become more or less onerous in light of the decision?  What are the prospects of any further challenges?

Mathew Ditchburn, Chair of the PLA’s Law Reform Committee, will chair the event, which will include the main presentation plus an opportunity for Q&A.  Tea, coffee and pastries will be provided.

BOOKING: CLOSED

Who is coming (as of 16 October 2019)

Rhian Arrenberg, Herbert Smith Freehills
Farah Bandali, Bates Wells & Braithwaite
Mario Betts, Lewis Silkin
Joshua Black, Pinsent Masons
Matthew Boyne, Herbert Smith Freehills
Cathy Braddish, Martin Shepherd
James Brenan, KaurMaxwell
Emma Brown, Gowling WLG
Stephen Burke, Taylor Wessing
Kay Cartwright
Karen Chapman, Druces
Adam Colsenso, Wedlake Bell
Edward Cooper, Taylor Wessing
Samuel Coward, Trowers & Hamlins
John Cox, Dewar Hogan
Ros Cullis, Maples Teesdale
Mathew Ditchburn, Hogan Lovells
Roger Elford, Charles Russell Speechlys
Ailish Foad, Veale Wasborough Vizards
Emilie Foster, Gowling WLG
Jane Fox-Edwards, Allen & Overy
Julie Gattegno, CMS
Francesca Gibbs, Kingsley Napley
Dellah Gilbert, Maples Teesdale
Stephen Goldie, Brodies
Lucy Grey, Allen & Overy
Adam Gross, Memery Crystal
Aaron Harlow, Shoosmiths
Simon Hartley, RadcliffesLeBrasseur
Paul Henson, Irwin Mitchell
Katie Hickman, VWV
Jason Hunter, Russell-Cooke
Faye Hyland, Fieldfisher
Eloise Illingworth, Withers
Panayiota Ioannou, J Sainsbury Plc
Bryan Johnston, Dentons UK and Middle East
Siobhan Jones, Farrer & Co
Jason Juden, TLT
Sara Keag, CMS
James Keates, Shoosmiths
Janet Keeley, Fladgate
Costa Keiliris, Mills & Reeve
Donal Kelly, Osborne Clarke
Rachel Kerr, Trowers & Hamlins
Julie Killip, Ince Gordon Dadds
Lauren King, BCLP
Adam King, Portner
Donald Lambert, Penningtons Manches Cooper
Sarah Latham, Boodle Hatfield
Roger Levitt, Roger Levitt Mediation
David Linklater, Transport for London
Benjamin Lomer, Druces
David Masters, Penningtons Manches Cooper
Adrian McClinton, Coffin Mew
Lauren McQue, Collyer Bristow
Chloe Meredith, Ashurst
Michael Metliss, BCLP
Tom Mills, Maples Teesdale
Natalie Minott, HCR Law
Alison Mould, Fladgate
Robert Mullarkey, Maples Teesdale
John Muncey, Wedlake Bell
Kate New, Foot Anstey
Thomas Nolan, Dentons UK and Middle East
Nichola Padget, Orrick Herrington Sutcliffe
Kishan Parshotam, Clifford Chance
William Payne, Stephenson Harwood
David Payton, Dentons UK and Middle East
Georgina Redsell, Charles Russell Speechlys
Tim Reid, Hogan Lovells
Thomasin Robinson, Jones Day
Lesley Robinson, Cripps Pemberton Greenish
Andrew Ross, Travers Smith
Rhiannon Saunders, Pinsent Masons
Nick Saville, Wedlake Bell
Gary Scott, Spector Constant & Williams
Lee Sennett, Shoosmiths
Jeremy Stephen, BCLP
James Sutherland, Burges Salmon
Perry Swanson, Trowers & Hamlins
Owen Talfan Davies, Fieldfisher
Sarah Teal, Shoosmiths
Lien Tran, The Crown Estate
Simon Tucker, Debenhams Ottaway
Charlotte Tyfield, Gowling WLG
Edward Vaughan, Glovers Solicitors
Stephanie White, Stevens & Bolton
Ian Whitehead, Winckworth Sherwood
Bethany Wilton, Addleshaw Goddard

Date:
Friday, October 18th
Time:
08:00 - 09:30
Event Category:
Venue
Hogan Lovells International
Atlantic House, Holborn Viaduct
London, EC1A 2FG
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