A recent decision from the High Court has shed some light on the remedies available to landlords under insolvency legislation against tenants who enter into administration. The decision provides useful guidance on the ability of a landlord to exercise its right of forfeiture.
United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Shepherd and Wedderburn LLP, Retail, Landlord, Leasehold estate, Covenant (law), Consideration, Consent, Asset forfeiture, Law Commission (England and Wales), Insolvency Act 1986 (UK)