Newsflash: Update on Covid and Rent Challenges

August 5th 2022 | commercial property

Following my last blog in October 2021 we shared the gloomy news that three high profile high street tenants, (namely Sports Direct, Mecca Bingo and Cineworld) lost their challenge against payment of rents during the Covid shutdowns in 2020 and 2021. A key argument was that their landlords, Bank of New read more...

Covid Rent Arrears: The Government Intervenes

November 30th 2021 | commercial property

The Government has just introduced the Commercial Rent (Coronavirus) Bill into Parliament which seeks to introduce a statutory arbitration process for dealing with any outstanding Covid arrears that arose during a set period.  The Bill grants commercial landlords and tenants, who have not agreed how to deal with Covid closure read more...

Covid and Rent Challenges: This Is Not Over Yet

October 8th 2021 | commercial property

While the vaccine rollout has been a gamechanger for the progress of the pandemic it is it not over and the Government’s announcement this week that further measures could be required over winter sends a worrying chill through UK business, as the prospect of further lockdowns cannot be ruled out.  read more...
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