A trio of magic circle firms are advising on the high-profile restructuring of Southern Cross as the troubled care homes group attempts to reach a deal with landlords over unpaid rent. The negotiations have attracted intense media attention in recent weeks amid fears that the group may have to close some of its homes due to difficulties in paying a multimillion-pound rent bill.
June 14, 2011 at 11:04 AM
1 minute read
The original version of this story was published on Legalweek
A trio of magic circle firms are advising on the high-profile restructuring of Southern Cross as the troubled care homes group attempts to reach a deal with landlords over unpaid rent.
The negotiations have attracted intense media attention in recent weeks amid fears that the group may have to close some of its homes due to difficulties in paying a multimillion-pound rent bill.
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