Sports Direct to make legal challenge to Debenhams rescue plan
Sports Direct is making a legal challenge against Debenhams' rescue plan, it has emerged.
The Shirebrook firm is reportedly backed by one landlord, CPC, and will reignite its feud with the board of the troubled high street chain - despite Debenhams' CVA proposals being voted through in May.
Terry Duddy, Debenhams executive chairman, said: "We believe the challenges to the CVAs to be without merit and will vigorously defend them. Given the overwhelming support for the proposals from creditors, including over 80% of landlords, thi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...