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    Landlords: beware when terminating and evicting commercial tenants
    2012-01-20

    When a tenant under a commercial lease defaults and the landlord wishes to exercise a right to terminate the lease and evict the tenant, the landlord must comply with the terms of the lease and the applicable law regarding termination and eviction.  This issue was addressed in a September 8, 2011, decision by the U.S.

    Filed under:
    USA, Pennsylvania, Insolvency & Restructuring, Litigation, Real Estate, Fox Rothschild LLP, Landlord, United States bankruptcy court
    Location:
    USA
    Firm:
    Fox Rothschild LLP
    Review of company voluntary arrangements (“CVAs”)
    2022-07-01

    On 28 June 2022 the Insolvency Service published a report it had commissioned from RSM UK to assess the impact that CVAs were having on commercial landlords (the “Report”).

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Hogan Lovells, Landlord, Company voluntary arrangement
    Location:
    United Kingdom
    Firm:
    Hogan Lovells
    UK parking nightmare - what is happening with NCP’s restructuring plan?
    2021-08-05

    National Car Parks' proposed restructuring plan aimed to write-off arrears, cut rents and close unwanted sites but why did the plan stall?

    On 30 April 2021, National Car Parks launched its proposed restructuring plan, which is the flagship new restructuring process introduced last June through the Corporate Insolvency and Governance Act 2020. Around a dozen restructuring plans have come to market so far, but the NCP plan was only the second (the first being Virgin Active) to involve landlord creditors.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Hogan Lovells, Private equity, Landlord
    Authors:
    Mathew Ditchburn , James Maltby
    Location:
    United Kingdom
    Firm:
    Hogan Lovells
    Verlängerung der Aussetzung der Insolvenzantragspflicht
    2020-09-07

    Nur bedingt geeignet für die Hotelbranche

    Filed under:
    Germany, Insolvency & Restructuring, Leisure & Tourism, Real Estate, Hogan Lovells, Landlord
    Authors:
    Marc P. Werner , Dr. Susann Brackmann
    Location:
    Germany
    Firm:
    Hogan Lovells
    Landlords take note - this is not a wind up
    2020-06-05

    RE: A COMPANY (INJUNCTION TO RESTRAIN PRESENTATION OF PETITION)

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Hogan Lovells, Landlord, Coronavirus
    Authors:
    Mathew Ditchburn
    Location:
    United Kingdom
    Firm:
    Hogan Lovells
    UK COVID-19: The Corporate Insolvency and Governance Bill - New tenant/debtor protections unveiled
    2020-05-22

    Long awaited insolvency reforms in the UK, plus the government’s COVID-19 proposals on the use of statutory demands – and much more

    What’s the latest?

    Filed under:
    United Kingdom, Insolvency & Restructuring, Real Estate, Hogan Lovells, Landlord, Moratorium (law), Coronavirus, Commercial tenant, Insolvency Act 1986 (UK), UK House of Commons
    Authors:
    Mathew Ditchburn
    Location:
    United Kingdom
    Firm:
    Hogan Lovells
    Hotelmietverträge: Risiken im Insolvenzfall bei Mietstundung wegen Corona
    2020-03-20

    Eigentümerrisiko im Insolvenzfall?

    Aufgrund der angespannten Situation in der Hotelbranche treten aktuell diverse Mieter an ihre Vermieter heran und bitten um Stundung oder Erlass der Mietzahlungen für die kommende Zeit. Die Vorschläge für mögliche Kompromisse sind vielfältig – dabei ist aber immer auch die insolvenzrechtliche Situation zu beachten, um hier keine Risiken für Mieter oder Vermieter zu schaffen. Die Ausführungen dieses Beitrags gelten gleichermaßen auch für Hotelpachtverträge.

    Aktuell diskutierte Kompromisse

    Filed under:
    Germany, Insolvency & Restructuring, Leisure & Tourism, Real Estate, Hogan Lovells, Landlord, Coronavirus
    Authors:
    Sabrina Handke , Dr. Susann Brackmann
    Location:
    Germany
    Firm:
    Hogan Lovells
    Landlords: Take Notice!
    2016-06-29

    The decision of the High Court inVanquish Properties (UK) Limited Partnership –v- Brook Street (UK) Limited provides a stark reminder of the strict requirements for serving a valid break notice and the traps into which the unwary can easily fall.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Hogan Lovells, Landlord, Limited liability partnership, Limited partnership
    Authors:
    Paul Tonkin
    Location:
    United Kingdom
    Firm:
    Hogan Lovells
    High Court refuses to create Frankenstein’s lease - tenant cannot assign to guarantors
    2016-03-18

    Landlords have no reason to fear Frankenstein’s monster, following the decision of the High Court in EMI Group Limited v O&H Q1 Limited. The court was considering, once again, the anti-avoidance provisions in the Landlord and Tenant (Covenants) Act 1995. Many will be familiar with the effect of the 1995 Act, which ensures that both tenants and their guarantors are released on assignment.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Hogan Lovells, Surety, Landlord, Leasehold estate, High Court of Justice
    Location:
    United Kingdom
    Firm:
    Hogan Lovells
    Landlord liable for business rates following lease disclaimer
    2014-08-14

    It has been understood since the Hindcastle case in 1997 that a guarantor’s payment obligations under a lease survive disclaimer by an insolvent tenant’s liquidator.  What has been less clear is how that works, given that the tenant’s obligation to pay rent dies when the lease is disclaimed.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Hogan Lovells, Landlord
    Authors:
    Tim Reid
    Location:
    United Kingdom
    Firm:
    Hogan Lovells

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