Landlord

A recent BBC article stated that 2023 is on track to see the highest number of companies going bust since the financial crisis of 2009.

As 2022 draws to a close, I reflect on the various cases I have been involved with over the last 12 months which have invariably been disputed, whether acting for Landlord or Tenant.

New Prime Minister Liz Truss certainly has plenty on her to-do list.

Businesses are not covered by the energy cap and there are predictions that more than 75,000 large firms with high energy users are at risk of insolvency or likely to lay off staff without government support.

The recent Queen’s speech making moves to compel Landlord to ‘let empty shops’ is no surprise, but nor is it any cure for the High Street malaise.

During rent review negotiations, the rent review clause within the lease will dictate what the parties are to assume ‘hypothetically’ at that particular date. There will usually be common assumptions (vacant possession for example) and common disregards (tenants occupation for example).

Mediation of lease renewals can offer significant benefits over court proceedings and PACT

As the New Year diets begin, another retailer has announced plans to shed some of its unwanted XL properties.