The Government has announced further measures to help commercial tenants who are in arrears as a result of the Covid-19 pandemic, seemingly without much regard for the difficulties also suffered by landlords. Below we explain the latest measures and where this leaves landlords.
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European Union, United Kingdom, Company & Commercial, Insolvency & Restructuring, Real Estate, Stephenson Harwood LLP, Coronavirus, Commercial tenant
After bringing dozens of criminal charges against Paycheck Protection Program loan recipients in recent months, on January 12, the US Department of Justice announced its first civil settlement resolving allegations of PPP loan fraud.
USA, Banking, Insolvency & Restructuring, Cooley LLP, Bankruptcy, Paycheck Protection Program, US Department of Justice, Financial Institutions Reform, Recovery, and Enforcement Act 1989 (USA)