Continue reading "Insolvency: How to deal with a tenant in administration"
Insolvency: How to deal with a tenant in administration
A recent case has clarified the position of the landlord when dealing with a tenant in administration. David Marsden provides some background ‘A response by a landlord to any request to assign needs to be swift but also carefully considered as a landlord cannot add subsequent reasons later for their refusal to consent to assign.’ …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- AIB Capital Markets plc & anor v Atlantic Computer Systems plc & ors [1990] EWCA Civ 20
- Goldacre (Offices) Ltd v Nortel Networks UK Ltd [2009] EWHC 3389 (Ch)
- Lazari GP Ltd & Lazari Real Estates Ltd v Game Retail (UK) Ltd (Unreported 11 May 2012)
- Norwich (II) Ltd & ors v Luminar Lava Ignite Ltd & ors [2012] EWHC 951 (Ch)