Not long after JJB creditors and landlords voted in favour of the CVA yesterday, this appeared on RNS:
While it’s not yet clear what tack Crystal Amber are planning to take, we can assume it will be an activist one.
We also would note, slightly tangentially, that a few in the hedge fund community weren’t happy at being barred from yesterday’s creditors’ meeting (at the behest of JJB’s chairman). Especially given that journos, among others, were allowed in.
Related link:
Proposed company voluntary arrangements and financing arrangements – JJB Sports