The government has introduced to Parliament draft new legislation in the form of the Commercial Rent (Coronavirus) Bill which will establish a binding arbitration process for commercial landlords and tenants who have been...more
Following the government’s call for evidence in May this year, the government released the responses and analysis on 4 August 2021, along with an accompanying policy statement. These highlight the starkly differing views of...more
The UK Government yesterday announced that it will proceed with the phasing out of temporary measures introduced to protect businesses from creditor action during the COVID-19 pandemic, whilst also announcing new measures to...more
After much speculation the government has today announced that it will be extending protections that have been afforded to commercial tenants as a result of the COVID-19 pandemic. What are the current protections?
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On Tuesday the government laid before Parliament regulations making sweeping changes to the Use Classes Order.
The changes, which come into effect on 1 September 2020, represent a complete overhaul of the current Use...more
Most commercial leases require the tenant to pay its rent quarterly, and invariably include a provision allowing the landlord to forfeit if that rent has been unpaid for a period of time, e.g. 7, 14 or 21 days. Outside of...more
6/25/2020
/ Arrearages ,
Commercial Leases ,
Contract Terms ,
Coronavirus/COVID-19 ,
Forfeiture ,
Landlords ,
Moratorium ,
Rent ,
Rental Property ,
Tenants ,
UK ,
Winding Up Petitions
It is hard for anyone in the development industry to ignore the impact that COVID-19 and the lockdown have had – be that on day to day construction works, development timelines and even the type of development we're likely to...more
RE: A COMPANY (INJUNCTION TO RESTRAIN PRESENTATION OF PETITION) -
The court considered an application for an injunction in light of the new Corporate Insolvency and Governance Bill 2020 (“CIGB”), which was published on 20...more
Long awaited insolvency reforms in the UK, plus the government’s COVID-19 proposals on the use of statutory demands – and much more....more
The Court of Appeal says (almost definitely) no -
We have previously blogged about the 90-day stay of all possession proceedings until the end of June, which was brought into force by the courts on 27 March 2020 by the new...more
The outbreak of the novel coronavirus COVID-19 is an ongoing epidemic that poses significant issues for businesses in affected countries. The purpose of this note is to summarize the duties of property owners in England and...more
Monday, as well as locking down the country, the government published critical amendments to the emergency Coronavirus Bill protecting commercial tenants from the risk of forfeiture until the end of June 2020.
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