Administration: The Game is up

Dentons | Property Law Journal | April 2014 #320
A recent Court of Appeal ruling has called a stop to company administrations that were tactically timed to fall after rent quarter dates. Bryan Johnston explains ‘It would be hoped that the outcome of Game will lead to co-operation between landlord and insolvency practitioner.’ The Court of Appeal has held that where a leasehold property …

Continue reading "Administration: The Game is up"

This post is only available to members.

Administration Issues: A bloom-ing marvellous decision?

Cripps | Property Law Journal | November 2013 #316
Rebecca Nash explains the background to the recent decision in Bloom and what it means for landlords ‘Before Goldacre, the law seemed quite easy to understand and apply. Many commentators felt it was also fair to both landlords and tenants.’ The Supreme Court’s decision in Bloom v The Pensions Regulator [2013], better known as Nortel …

Continue reading "Administration Issues: A bloom-ing marvellous decision?"

This post is only available to members.

Administration: A question of timing

Nabarro LLP | Property Law Journal | April 2012 #288
The recent decision in Luminar has confirmed that where rent is due prior to the date of an administration, it will not be an expense. Mark Reading analyses the court’s findings ‘Administrators will continue to delay putting a company into administration until after a quarter day, where the quarter day is imminent, in order to …

Continue reading "Administration: A question of timing"

This post is only available to members.