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Surely the process is much better than a CVA?

cva process SURELY
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Surely the process is much better than a CVA?

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In actual fact it is often an unnecessarily expensive process where a CVA is achievable. However, if the company is under extreme pressure it is a very powerful tool. Part of the Administration procedure is to decide what to do with the company with regard to its restructuring, often a CVA is the result.

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