Debenhams win legal bid to close 22 stores and put 1200 jobs at risk

Debenhams has won a high court case allowing it to closes stores and put 1,200 jobs at risk,

A judge ruled the rescue deal legal following a challenge by commercial landlords, funding by Mike Ashley's Sports Direct .

They claimed the claiming the terms of the insolvency process known as a Company Voluntary Arrangement (CVA) were unfair.

But the ruling means department store bosses can now press ahead their rescue deal to close 22 stores, including one in Kirkcaldy,...
source: Daily Record

2019-09-19 15:44
Latest news from Daily Record
today 14:29 Inverness star wades into Bulgaria racism storm as he rips compatriots over shameful England abuse
today 14:29 Lawrence Shankland opens up on Aberdeen mistake but insists Pittodrie pain fired him onto Scotland stardom
today 14:29 Smyths Toys launch huge half price sale on Nerf, Avengers, Vtech and more
today 14:29 Every Rangers summer signing rated as Steven Gerrard's recruits go under the microscope
today 14:29 Shotts bus services to be axed as they are no longer commercially viable
today 14:29 Paul Gascoigne sex trial jury told he shared kisses with famous footballers, fans and Princess Diana
today 13:26 Inside Celtic's galvanising English takeover and the David Beckham slap down that fuelled Seville run
today 13:26 Vehicles swerve out the way of driver during high speed Coatbridge police chase
today 13:26 "I'm lucky to be alive": Dumbarton woman opens up over horror domestic abuse
today 13:26 Work begins to transform former school site into £10.4m council house estate
today 13:26 Nicola Sturgeon to pledge scrapping social care charges for people in their own homes
today 13:26 Family of John Connelly 'clinging to hope' as police issue renewed appeal over canal body find
today 13:26 Body of man found in Glasgow flat named as cops treat death as suspicious
today 13:26 Ex-Celtic star turned down role on The Scheme as he'd be 'absolutely slaughtered'
today 13:26 Two soldiers rushed to hospital after armoured vehicle smash
today 13:26 Glasgow tanning salon slammed for using 'racist' golliwog doll to promote business
today 13:26 Man's body found in Glasgow flat as cops treat death as 'suspicious'
today 12:23 New single out for Crieff singer-songwriter
today 12:23 Coatbridge bridal shop giving away free communion dresses for families in need
today 12:23 Police appeal for information after masked gang attempts house raid in Paisley
Latest news from Great Britain
today 14:32 'Complex operation' underway to remove Hull's Banksy from Scott Street bridge
today 14:32 Hull City's insurance pay-out for Ryan Mason's cruel retirement is revealed
today 14:32 Hull City's insurance pay-out for Ryan Mason's cruel retirement is revealed
today 14:32 Streetlife Museum forced to closed as heartless thieves break in
today 14:32 A new shop selling affordable furniture and beds has opened in Hull city centre
today 14:29 Inverness star wades into Bulgaria racism storm as he rips compatriots over shameful England abuse
today 14:29 Lawrence Shankland opens up on Aberdeen mistake but insists Pittodrie pain fired him onto Scotland stardom
today 14:29 Smyths Toys launch huge half price sale on Nerf, Avengers, Vtech and more
today 14:29 Every Rangers summer signing rated as Steven Gerrard's recruits go under the microscope
today 14:29 Shotts bus services to be axed as they are no longer commercially viable
today 14:29 Paul Gascoigne sex trial jury told he shared kisses with famous footballers, fans and Princess Diana
today 14:17 Benefits cheat stole £52,000 despite having more than £500,000 in the bank
today 14:17 Down’s syndrome baby mocked by vile trolls for eating birthday cake
today 14:17 Female paedophile spared jail despite having 2,000 images of child abuse and extreme porn
today 14:17 Tanning salon posted pictures of golliwog and monkey emojis in online promotion
today 14:17 California earthquake: ‘Bigger quake’ could follow warns scientist amid Big One fears
today 14:17 Brexit FRAUD: Why Barnier believes Boris’ UK customs plan will open up EU to fraud
today 14:17 Frank Lampard secret weapon uncovered as Chelsea boss which not many managers possess
today 14:17 Flights: World’s cleanest airline cabins revealed - where did Ryanair & easyJet rank?
today 14:17 Inca breakthrough: How secret underground tunnels were 'used to smuggle royal family'
today 14:17 Sadiq Khan orders police to ‘allow protest’ after Extinction Rebellion banned in London
today 14:17 Could Jacob Rees-Mogg ‘eat his words’ and vote for deal? Which Tories will back Boris?
today 14:17 Brexit deal: Will Boris Johnson get a deal with the EU THIS WEEK?
today 14:17 Sukkot 2019 end date: When does Sukkot end? What time does Sukkot end?
today 14:17 AJ Pritchard: Strictly 2019 pro ‘completely fine’ after pics appeared to show him crying
today 14:17 Asteroid danger: 100% certainty of impact warns space expert - 'We need to leave Earth'
today 14:17 Flight Secrets: Crew reveal the one thing you should never do at the end of a flight
today 14:17 Tempest fighter jet: RAF’s new weapon the star attraction at ‘world’s greatest festival’
today 14:17 Lewis Hamilton considers ‘giving up on everything’ in worrying Instagram post
today 14:17 Moon landing: NASA employee reveals shock odds of ‘total destruction’ given to astronauts
today 14:14 Cartoon The flag wavers
today 13:29 Culture project will give school kids chance to create their own city
today 13:29 Culture project will give school kids chance to create their own city
today 13:29 Iceland is selling unicorn-shaped potato bites for £1
today 13:29 Iceland is selling unicorn-shaped potato bites for £1
today 13:29 Tesco reveals £10 pizza and beer meal deal - but how does it compare with rivals?
today 13:29 Tesco reveals £10 pizza and beer meal deal - but how does it compare with rivals?
today 13:29 Argos launches Christmas toy sale with a difference
today 13:29 Man, 91, slams Boots after 'ridiculous' prescription charge forces him to walk half a mile
today 13:29 Man, 91, slams Boots after 'ridiculous' prescription charge forces him to walk half a mile
today 13:29 The issues that caused traffic 'madness' in Hull this morning
today 13:29 The issues that caused traffic 'madness' in Hull this morning
today 13:26 Inside Celtic's galvanising English takeover and the David Beckham slap down that fuelled Seville run
today 13:26 Vehicles swerve out the way of driver during high speed Coatbridge police chase
today 13:26 "I'm lucky to be alive": Dumbarton woman opens up over horror domestic abuse
today 13:26 Work begins to transform former school site into £10.4m council house estate
today 13:26 Nicola Sturgeon to pledge scrapping social care charges for people in their own homes
today 13:26 Family of John Connelly 'clinging to hope' as police issue renewed appeal over canal body find
today 13:26 Body of man found in Glasgow flat named as cops treat death as suspicious
today 13:26 Ex-Celtic star turned down role on The Scheme as he'd be 'absolutely slaughtered'
Watch the news from UK on Facebook