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
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
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
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