The Commercial Rent (Coronavirus) Bill has been introduced in Parliament and addresses rent debts under business tenancies adversely affected by the coronavirus pandemic.
New Legislation
United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Macfarlanes LLP, Coronavirus, Commercial tenant
The UK government has announced amendments to certain aspects of insolvency law, designed to enable businesses which have been adversely affected by the coronavirus outbreak to continue trading while they explore options for rescue or to restructure.
United Kingdom, Insolvency & Restructuring, Macfarlanes LLP, Moratorium, Coronavirus, Commercial tenant