Debenhams facing administration for second time, after coronavirus outbreak ramped up pressure on the firm
It is understood that Debenhams is concerned about potential legal claims from suppliers who have yet to be paid.
"Our owners and lenders remain highly supportive and whatever actions we may take will be with a view to protecting the business during the current situation." Last April, Debenhams fell into the hands of its lenders, comprising a group of banks and hedge funds led by US firm Silver Point Capital, after struggling for years to keep up with competition from rivals.
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