Travers Smith, Ashurst and Addleshaws advise as Carluccio’s CVA gets go-ahead

Italian restaurant chain joins ranks of high street businesses pushed into restructuring

Travers Smith, Ashurst and Addleshaw Goddard are advising on the restructuring of restaurant chain Carluccio’s, which is pushing forward with a company voluntary arrangement (CVA) which could see the closure of about 30 branches.

The Italian food chain announced its intention to enter a CVA last month, and shareholders approved the plan yesterday (31 May).

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