Tag: rent arrears
Winding Up Petitions – The new provisions
As part of the Government’s loosening of the legislation introduced as a result of the coronavirus pandemic, the temporary provisions put in place to give breathing space to companies from the threat of a winding up petition expire 30 September 2021. These provisions were within the Corporate Insolvency and Governance Act 2020 (“CIGA”) and designed... Read more »
Director fails to convince Court that a Winding Up Petition should be restrained for Covid-19 reasons
In Shorts Gardens LLB v London Borough of Camden Council [2020] EWHC 1001 (Ch) the court found that the director’s application to restrain a winding up petition was without merit. The case involved winding petitions presented by two Councils against two organisations which were connected in relation to unpaid business rates. There had been a... Read more »
A landlord’s guide to dealing with an insolvent tenant – Part 2: Where a tenant is an individual
Where a tenant is an individual and it fails to pay the rent due under a lease a landlord may: Exercise commercial rent arrears recovery (CRAR) for the rent against certain goods of the tenant at the premises. Sue for the rent by court action. Forfeit the lease, either by court action or by peaceable... Read more »