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What is a tenant or landlord to do if the tenant can no longer afford the premises they have leased?

In collaboration with our foreign law firm partners, we continue to update our chart of COVID-19 measures taken by governments around the world. Today’s update includes new information for many countries as indicated in the chart: Global Government Measures Taken in Response to COVID-19.

The Government has already taken steps to prevent landlords of commercial premises in England and Wales from forfeiting leases for arrears of rent. This restriction presently lasts until 30 June 2020, but may be extended.

Impact on payment of rent

Rent due was not forgiven and landlords were still able to take various enforcement steps to recover rent, including the use of insolvency proceedings.

The Federal Court of Australia has recently exercised its powers to:

Further to our blog about measures announced by the Government to protect commercial tenants from “aggressive” rent collection strategies, the Government subsequently confirmed that the restrictions will apply (unless extended) from:

Hogan Lovells Publications | 06 May 2020

Five things retailers should consider in the COVID-19 era

Even in the halcyon days pre-coronavirus, a typical small business could not operate for more than two weeks without incoming revenue. In a matter of months, social distancing and mass unemployment having dramatically reduced consumer spending and companies are surviving by cutting energy usage, adjusting inventory purchases, and drawing on Paycheck Protection Program loans to backstop employee wages. Rent, however, is one expense that remains immutable.

The Coronavirus (Scotland) (No2) Bill was passed on 20 May, gained royal assent on 26 May and came into force 27 May. This will be known as The Coronavirus (Scotland) (No. 2) Act.

Why do we need another Act?

Good morning.

Please find our summaries of last week’s civil decision of the Court of Appeal for Ontario.

De maatregelen die genomen zijn ter bestrijding van het COVID-19 virus hebben de financiële positie van ondernemingen ernstig beïnvloed. Verschillende ondernemingen worden geconfronteerd met een daling in inkomsten en zullen wellicht niet langer in staat zijn om hun schulden af te betalen. Ondernemingen in financiële moeilijkheden worden zo gedwongen tot insolventie. In het Koninklijk Besluit nr.