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Vornado raises questions over Arcadia debt issues

Fashion Network has reported that Vornado, a U.S. landlord, has raised questions over Phillip Green and his Arcadia Empire over the manipulation of a CVA vote by increasing its debt owed to suppliers. Arcadia Group just narrowly escaped collapse last week when its unsecured creditors voted to approve a company voluntary agreement. Arcadia Group...

Jun. 24, 2019