Business tenancy: Dealing with Insolvent Tenants

40.00 GBP

1.5 Hours Formal CPD

Legal method to preserve the landlord’s interest and implication for all parties 

Available Classes

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Course information

Web Class Summary 

Taking action against an insolvent commercial tenant is a difficult step for landlords or anyone acting on their behalf. This process needs to be carefully managed and legal support must be thought as early as possible. Participants to this session will learn to recognise the first signs of difficulties and will be given a clear step by step map of actions at each stage of the process to protect landlords’ interest at best.

Who Should Attend  

  • Land lord and tenant surveyors
  • Commercial Property managers
  • Asset property portfolio managers

Format

This practical session will be based on a series of case studies, looking at various scenarios and what the landlord can and cannot do depending on the circumstance and what the various outcome can be. It will also look at the risk for both parties.  It will also look at area where and when you should try to negotiate with a commercial tenant.

Content

  • Types of insolvency
  • Company Voluntary Arrangements (CVAs)
    • Definition 
    • Implication for the landlord and remedies available 
    • Case update 
  • Administration 
    • Definition 
    • Implication for the landlord and remedies available 
    • Case update 
  • Pre-Pack Administration
    • Definition 
    • Implication for the landlord and remedies available 
    • Case update 
  • Liquidation 
    • Definition 
    • Implication for the landlord and remedies available 
    • Case update

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Learning outcomes

  • Identify the different types of insolvency
  • Assess the legal and financial risk for your business
  • Draft a strategy to deal with your tenant
  • Decide when to involved your legal advisor
  • Presenter

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    David Golten

    Additional information

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