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Tenant Insolvency - The Landlord's Position

THE LANDLORD'S POSITION' TO CVAs v PRE-PACKS

There has been much press coverage in recent years on Tenant CVAs and the tempo on these has increased in recent weeks with the approval of CVAs for New Look, Pizza Express and Yo Sushi! amongst others.

United Kingdom, Insolvency & Restructuring, Real Estate, Addleshaw Goddard LLP, Coronavirus
Measures in German Insolvency Law due to the Outbreak of COVID-19

GENERAL INSOLVENCY LANDSCAPE IN GERMANY PRE-COVID-19

Without undue delay upon occurrence of illiquidity or overindebtedness, at the latest within three weeks, members of the representing body of a legal entity have to apply for the opening of insolvency proceedings over the assets of such entity

INSOLVENCY REASONS:

Germany, Insolvency & Restructuring, Addleshaw Goddard LLP, Coronavirus