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    Law 9/2015 of 25 may on urgent bankruptcy measures modifies bankruptcy legislation once again
    2015-07-29

    The Law 9/2015 includes the following novelties:

    1.   In Regard to the Insolvency Agreement

    Law 9/2015 presents a series of novelties regarding the insolvency agreement, such as:

    Filed under:
    Spain, Insolvency & Restructuring, Real Estate, Squire Patton Boggs, Bankruptcy
    Location:
    Spain
    Firm:
    Squire Patton Boggs
    Is Presenting A Winding Up Petition Too Much Of A Risk (UK)?
    2020-05-05

    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:

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Squire Patton Boggs, Landlord, Coronavirus, Commercial tenant
    Authors:
    Emily Davis
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    Assignments of Rent - - A Dangerous Intersection of State and Federal Law
    2017-06-05

    A recent decision by the Sixth Circuit Court of Appeals may have muddied the question of the impact of collateral rent assignments on a debtor’s ability to re-organize under chapter 11.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Real Estate, Squire Patton Boggs, Debtor, Leasehold estate, Foreclosure, Default (finance), United States bankruptcy court, Sixth Circuit
    Authors:
    G. Christopher Meyer
    Location:
    USA
    Firm:
    Squire Patton Boggs
    UK Government proposes measures to curb “aggressive” rent collection strategies
    2020-04-24

    At the end of March, the Government introduced measures providing a moratorium on evictions for commercial tenants for non-payment of rent until 30 June 2020.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Squire Patton Boggs, Landlord, Coronavirus, Commercial tenant, Insolvency Act 1986 (UK)
    Authors:
    Emily Davis
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    Ohio Public Law Update - February 2017
    2017-02-16

    Downtown Redevelopment Districts

    Filed under:
    USA, Ohio, Banking, Insolvency & Restructuring, Litigation, Public, Real Estate, Shipping & Transport, Tax, Squire Patton Boggs, Ohio Supreme Court
    Authors:
    Pamela I. Hanover , Robert J. Eidnier , D. Bruce Gabriel , Robert D. Labes , John S. Larson , L. Todd Gibson , Ryan K. Callender , Richard D. Manoloff , Alex Shumate , Michael L. Sharb
    Location:
    USA
    Firm:
    Squire Patton Boggs
    Unlocking value in an insolvent estate: an update on cryptocurrencies
    2020-02-04

    We previously considered the potential implications for insolvency professionals of the rise of cryptocurrencies (available here). One of the principal issues identified was the uncertainty surrounding the legal status of cryptocurrencies; what class of asset were they and, subsequently, how would they be treated under English law?

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Real Estate, Squire Patton Boggs, Blockchain, Bitcoin, Cryptocurrency
    Authors:
    Charles Draper
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    The Road Ahead for 2017- Restructuring & Insolvency in the UK
    2017-01-10

    The uncertainties of the UK’s Brexit negotiations with the remaining 27 EU member states are weighing heavily on the UK economy. The 2 years of negotiations will not even begin until notice is served under Article 50 and the procedure as to how Article 50 can be triggered will be the subject of a Supreme Court decision expected later this month.

    Filed under:
    European Union, United Kingdom, Banking, Insolvency & Restructuring, Public, Real Estate, Squire Patton Boggs, Brexit
    Authors:
    Susan Kelly
    Location:
    European Union, United Kingdom
    Firm:
    Squire Patton Boggs
    Does a company voluntary arrangement permanently vary the terms of a lease?
    2019-11-29

    In this three part blog we highlight three recent court decisions concerning landlord rights and insolvency, which provide cautionary warnings and surprising twists. The questions we consider are:

    1. Does a company voluntary arrangement (“CVA”) permanently vary the terms of a lease?
    2. Can a landlord be forced to accept a surrender of a lease?
    3. What are the consequences of taking money from a rent deposit if the tenant company is in administration?

    In part 1 we consider the first question.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Real Estate, Squire Patton Boggs, Landlord
    Authors:
    Devinder Singh , Rachael Markham
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    The balance of power - the right deal or the best deal? New administration procedure for housing sector
    2016-11-22

    The Housing and Planning Act 2016 (the “Act”) introduces special administration procedures for social housing associations which aim to protect the level of social housing in the UK. The new housing administration orders (“HAOs”) create an additional objective for insolvency practitioners to try to keep social housing in the regulated housing sector to maintain levels of social housing.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Public, Real Estate, Squire Patton Boggs
    Authors:
    Matt Ford , Russell Hill
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    CVA challenges by landlords - the latest news
    2019-11-04

    The hair salon Regis announced recently that the company has entered administration. The news might not come as a surprise because the chain, prior to the company’s administration, was subject to a company voluntary arrangement (“CVA”) whose validity was challenged by landlords.

    The joint administrator of Regis commented: “trading challenges, coupled with the uncertainty caused by the legal challenge, have necessitated the need for an administration appointment”.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Real Estate, Squire Patton Boggs, Landlord
    Authors:
    Devinder Singh , John Alderton
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs

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