Green's Arcadia resolves legal objections to restructuring plan
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LONDON (Reuters) - Philip Green's Arcadia Group said on Tuesday it could now push ahead with its restructuring plan after two U.S. landlords dropped their opposition to the planned Company Voluntary Arrangement (CVA).CVAs have been carried out by several British retailers, enabling them to close stores and reduce their rent burden, prompting retail property landlords to start to fight back. Green's fashion empire had said in July that it received applications from legal entities of U.S.-based..