BCLP advising landlords on legal challenge to proposed House of Fraser restructuring

Firm takes lead role

Bryan Cave Leighton Paisner (BCLP) is advising about a dozen landlords as they seek to challenge department store chain House of Fraser’s plans to close more than half of its stores.

Last week, the high street retailer announced a proposed company voluntary arrangement (CVA) that would see the closure of more than half of its 59 stores and the loss of 6,000 jobs. The closures include House of Fraser’s flagship Oxford Street branch.

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