Partnership Voluntary Arrangements (PVA's) - Advice & case study

What is a Partnership Voluntary Arrangement or PVA?

 

A Partnership Voluntary Arrangement or PVA is very similar to a Company Voluntary Arrangement. Because of joint and several liability the individual partners quite often also propose individual voluntary arrangements at the same time that the Partnership Voluntary Arrangement is proposed.

 

Any partnership that has carried on business in England or Wales in the previous three years can propose a Partnership Voluntary Arrangement (PVA) which has the effect, if agreed, of freezing creditors and obtaining extended credit in accordance with the terms of the Partnership Voluntary Arrangement proposal.

 

If you want to know more about the information needed to be disclosed in a partnership voluntary arrangement proposal, please Click here.

 

And to read a case study on partnership voluntary arrangements please click here.

Cookie Preference

We use cookies on our website so you get the best experience and so that we can see where our site is working well and where it is not so that we can improve it for you.

We have already set one cookie essential for the normal operation of the site, however we would like your permission to activate performance monitoring cookies so that we can see how the site is performing, specifically Google Analytics and Google Adwords conversions. For full details of the cookies we'd like to use please refer to our cookie policy.

Please make a choice below as to whether you will allow the cookies or not. Thank you!


Allow Cookies     No Thanks