Debenhams pushes on with shop closures after legal challenge fails
(The Guardian Business News)

Department store to continue rescue plan after judge rejects Sports Direct-backed CVA challengeDebenhams is to press ahead with a rescue plan involving the closures of more than 20 stores after fighting off a Sports Direct-backed legal challenge.The judge Justice Norris on Thursday said he had rejected the challenge to the department store chain´s compulsory voluntary arrangement (CVA) on four out of five grounds. Continue reading...