The government has today announced that it will be extending the current protections that have been afforded to commercial tenants as a result of the COVID-19 pandemic, for one final time.
What are the current protections?
Since the outbreak of the COVID-19 pandemic, the government has repeatedly extended temporary prohibitions on landlords taking certain enforcement Read More
Last week the government announced that:
- the forfeiture moratorium is to be extended until 30th September 2020;
- Commercial Rent Arrears Recovery (CRAR) can only be used where tenants owe at least 189 days of unpaid principal rent;
- the draft Corporate Insolvency and Governance Bill has been amended, extending the temporary ban on the use of
RE: A COMPANY (INJUNCTION TO RESTRAIN PRESENTATION OF PETITION)
The court considered an application for an injunction in light of the new Corporate Insolvency and Governance Bill 2020 (“CIGB”), which was published on 20 May 2020 and is expected to come into force in late June or early July – click here for more details Read More