Landlord’s remedies on default by an insolvent commercial tenant
Download this guide for commercial landlords from our property and insolvency team. This handy table sets out the enforcement options potentially available following the government’s emergency measures to combat COVID-19 whether or not the defaulting tenant has entered a formal UK insolvency procedure.The table has been updated on Monday 27 April following the proposal of new legislation which will impose a temporary ban on statutory demands and winding up petitions in relation to commercial tenants and restricts the use the Commercial Rent Arrears Recovery (CRAR).
This briefing is for guidance purposes only. RadcliffesLeBrasseur LLP accepts no responsibility or liability whatsoever for any action taken or not taken in relation to this note and recommends that appropriate legal advice be taken having regard to a client's own particular circumstances.