INSOLVENT TENANTS: THE IMPACT ON LANDLORDS’ REMEDIES

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Date: Thursday 09th December 2021
Speaker: Sarah Thompson-Copsey
CPD Time: 1 hour
Duration: 1 hour
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INSOLVENT TENANTS: THE IMPACT ON LANDLORDS’ REMEDIES

An insolvent tenant will not only struggle to meet its leasehold covenants but the very act of insolvency will narrow the landlord’s remedies for the tenant’s breach of covenant. This practical session will explore the different types of insolvency and concentrate on the most practical remedies available to a landlord looking to maintain its income stream:

  • Rent reductions, compulsory turnover rents – what the New Look, Regis and Debenhams CVAs have meant for landlords and practical options that remain
  • Guarantors, AGAs and GAGAs: a bullet proof option?
  • Pursuing rent deposits and sub-tenants: tips and traps
  • The implications for landlords of the Corporate Insolvency and Governance Act 2020 and the Coronavirus Act 2020

Sarah Thompson-Copsey, Non-Practising Solicitor, Legal Lecturer and Trainer

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