Landlord faced with tenant’s insolvency: A path through the maze
Quick answers are difficult to find when advising a landlord whose tenant is, or may become, insolvent. The tenant may be undergoing one or more of six insolvency procedures, ranging from the intensive care of administration to the burial rites of liquidation, each dealing slightly differently with the array of remedies that may or may not be available to the landlord.
Should a wallchart help, you will be more than halfway there if you get your resident graphics wizard to work on the table to be found in
Authors Julie Gattegno and Patricia Godfrey, of Nabarro Nathanson, rightly dwell on the changes affecting self-help remedies brought about by the Insolvency Act 2000 and the Enterprise Act 2002: see, further,
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Landlord faced with tenant’s insolvency: A path through the maze
Quick answers are difficult to find when advising a landlord whose tenant is, or may become, insolvent. The tenant may be undergoing one or more of six insolvency procedures, ranging from the intensive care of administration to the burial rites of liquidation, each dealing slightly differently with the array of remedies that may or may not be available to the landlord.
Should a wallchart help, you will be more than halfway there if you get your resident graphics wizard to work on the table to be found in Time for landlords to be enterprising Estates Gazette 22 February 2003, p122.
Authors Julie Gattegno and Patricia Godfrey, of Nabarro Nathanson, rightly dwell on the changes affecting self-help remedies brought about by the Insolvency Act 2000 and the Enterprise Act 2002: see, further, Peaceable re-entry on its way out Estates Gazette 29 March 2003, p107, contributed by John de St Croix, of Norton Rose.
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PP 2002/48