We summarise the current position on winding up petitions (used to place a company into insolvency) and commercial rent arrears.
On 16 June 2021, the government announced further extensions to the ban of forfeiture, winding up and Commercial Rent Arrears Recovery (CRAR), in respect of commercial property.
As a result of the COVID-19 pandemic, the government brought in restrictions to try to slow the spread of the virus, which included the mandatory closure of many businesses, including much of the hospitality industry. Given the financial losses caused by such closures, many businesses sought to claim from their business interruption insurance. However, many […]
The Government has officially announced that the temporary suspension on most possession proceedings introduced earlier this year will be extended up to at least 23 August 2020.
David Hitchcock of TWM Solicitors discusses a recent Government announcement that effects commercial tenants in England and Wales.
David Hitchcock, Partner and Head of Dispute Resolution discusses emergency legislation to ban eviction of tenants