In this September quarter edition, we cover:
..Oceanfill v Nuffield Health and Cannons Group - Restructuring lease liabilities; what’s the plan for guarantors?
..Dell and another v 89 Holland Park (Management) Ltd – ...more
10/3/2022
/ Commercial Leases ,
Commercial Tenants ,
Contract Termination ,
Contract Terms ,
Coronavirus/COVID-19 ,
Housing Developers ,
Landlords ,
Real Estate Development ,
Relief Measures ,
Service Charges ,
Telecommunications ,
UK
Falcon Chambers Arbitration has recently published three awards under the Commercial Rent (Coronavirus) Act 2022, that provide welcome guidance on the interpretation and application of the 2022 Act....more
Briefcase: Quarterly Real Estate Update - Cases and News including:
..London Trocadero (2015) LLP v Picturehouse Cinemas and others
..Terence James Macey v Pizza Express (Restaurants) Ltd
..Kensquare Ltd v Boakye...more
12/23/2021
/ Arrearages ,
Business Closures ,
Commercial Leases ,
Commercial Real Estate Contracts ,
Common Areas ,
Contract Renewal ,
Coronavirus/COVID-19 ,
Flooding ,
Landlords ,
Notice Requirements ,
Property Damage ,
Rent ,
Residential Leases ,
Service Charges ,
UK
The government has introduced the Commercial Rent (Coronavirus) Bill in Parliament to attempt to streamline and accelerate the resolution of the billions of pounds of rent arrears that have accrued during the Covid 19...more
11/17/2021
/ Arbitration ,
Arrearages ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Dispute Resolution ,
Landlords ,
Moratorium ,
Pending Legislation ,
Relief Measures ,
Rent ,
Rental Property ,
UK
Briefcase: Quarterly Real Estate Update - Cases and News including:
..The Royal Parks Limited and the Secretary of State for Digital, Culture, Media and Sport v Bluebird Boats Limited
..Monsolar IQ Ltd v Woden Park...more
10/1/2021
/ Chattel ,
Commercial Leases ,
Commercial Real Estate Contracts ,
Commercial Tenants ,
Contract Termination ,
Contract Terms ,
Coronavirus/COVID-19 ,
Fixtures ,
Insolvency ,
Landlords ,
Lease Termination ,
Non-Payment Clauses ,
Rent
The Government has finally published its response to the call for evidence in relation to Covid-19 commercial rent arrears, along with a policy statement about the proposed new legislation it plans to introduce before the...more
8/13/2021
/ Arrearages ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Forfeiture ,
Moratorium ,
Policy Statement ,
Relief Measures ,
Rent ,
UK
What changed?
At the start of the Covid-19 pandemic, the Government sought to ensure that renters, especially those who are vulnerable and on low-incomes, received the support they needed to see them through the pandemic,...more
This note provides a brief summary of the measures (and applicable timescales) that have been implemented during the Covid-19 pandemic, that impact landlords’ remedies for tenant default as at 1 October 2020.
...more
The Corporate Insolvency and Governance Act 2020 was passed on 25 June 2020. The legislation has been in contemplation for a number of years, and has implemented a significant reform to the UK's restructuring and insolvency...more
10/2/2020
/ Commercial Tenants ,
Coronavirus/COVID-19 ,
Corporate Governance ,
Corporate Insolvency and Governance (CIG) Act 2020 ,
Insolvency ,
Landlords ,
Moratorium ,
Personal Liability ,
Time Extensions ,
UK ,
Winding Up Petitions
In this note we set out a menu of possible options available to landlords whose tenants already have, or likely will, default on rent payments and other lease obligations, with some practical tips. Before taking any action in...more
This table summarises landlords’ main options in the event of tenant default, and sets out some advantages, disadvantages and practical tips for each remedy (factoring in current Covid measures/restrictions as at 1 October...more
What is proposed for business tenancies?
A section in the Coronavirus Act 2020 (the “Act”), which is the government’s emergency legislation, will stop landlords from enforcing their right to forfeiture of business tenancy...more
What is proposed for business tenancies?
A section in the Coronavirus Act 2020 (the “Act”), which is the government’s emergency legislation, will stop the forfeiture of business tenancies for non-payment of rent (including...more