The independent arbitration panel empowered to reduce or uphold commercial rent arrears generated during the Covid-19 pandemic has rejected two separate requests for arbitration made by London pancake restaurant chain My Old Dutch.
According to the findings of the Falcon Chambers Arbitration panel two separate companies, one trading as My Old Dutch on High Holborn and the other as My Old Dutch on the Kings Road made applications to the panel late last year.
The Holborn branch stated it had arrears of £211,000 and was seeking “full relief” for payment during the “protected period” during lockdowns. The Kings Road branch also stated it was seeking “full relief” but did not state how much the arrears were.
Both applications stated that supporting evidence for the claim would be supplied at a later date.
According to both arbitrators’ findings, that evidence was not submitted.
In two separate arbitration rulings, the arbitrators ruled they could not arbitrate because the companies had not applied for the process properly.
Restaurant SW3 Limited v (1) Sloane Stanley Properties Limited (2) Sloane Stanley LLP
Restaurant WC1 Limited v Hogarth Properties SARL
In the matter of an arbitration under the Commercial Rent (Coronavirus) Act 2022
Falcon Chambers Arbitration
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