Sports Direct owner Mike Ashley is examining the possibility of launching legal action against Debenhams, after its controversial company voluntary arrangement was approved earlier this month.
A source close to Sports Direct said the company is currently speaking to a number of third parties, including landlords, about launching a possible joint legal challenge to the CVA, according to City AM.
Ashley saw his near-30% stake in Debenhams completely wiped out, which cost him and his Sports Direct group at least £150m.
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