Ashurst and Travers advise as Carpetright becomes latest high street retailer forced into restructuring

UK duo take lead roles on carpet retailer's company voluntary arrangement

Ashurst and Travers Smith are both advising as Carpetright becomes the latest in a string of high-profile retail restructurings to hit the high street.

The London-listed carpets retailer, which has issued three profit warnings since December, has finalised the terms of a company voluntary arrangement (CVA) in an effort to stave off formal insolvency.

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