Six key takeaways for COVID-19 Restructurings and Antitrust
Germany, Competition & Antitrust, Insolvency & Restructuring, Latham & Watkins LLP, Coronavirus, Coronavirus compliance, European Commission
Following the liquidation of BHS Ltd, the High Court was asked to consider whether a landlord could claim full rent as an administration expense following termination of the CVA.
Background
Wright and another (Liquidators of SHB Realisations Ltd) v The Prudential Assurance Company Ltd concerned three principal insolvency processes applicable to companies under the Insolvency Act 1986: