McDermott Comment | Caffè Nero Launches CVA Proposal as Pandemic ‚Decimates‘ Trading

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Aymen Mahmoud, partner at law firm McDermott Will & Emery, said:

“It is likely that we will see a number of retailers looking for assistance in the wake of a second lockdown and the extent of any help needed may not be meaningfully known until we have more of an understanding of when the world can return to a more normal state. Coffee shops and casual dining establishments may be among those hit hardest while office workers continue to work from home.”