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Iain is a partner in the Real Estate practice of the London office. His experience covers a wide variety of commercial property work, including property development and finance, corporate transactions, property management for investment funds and general transactional work. He has been ranked as "an associate to watch" by Chambers UK 2015 and gains praise from notable clients. He has recently assisted in a number of large investment transactions.

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There has been much discussion of late around the effect of COVID-19 on leases, focusing in particular on the non-payment of rents by tenants and the limitation on the landlord’s usual arsenal of options for non-payment. As the lockdown eases and tenants prepare to return to their premises, there are likely to be other lease provisions which need to be considered by landlords and tenants. This article considers a number of typical lease provisions which tenants may like to consider.

Continue Reading The Return to Work: COVID-19 Considerations for Leases

The UK Government has temporarily banned commercial landlords from issuing statutory demands and winding up petitions against commercial tenants unable to pay their bills due to coronavirus.  A statutory demand can be issued where a corporate debtor owes £750 to a creditor.  If the debt is not paid within 21 days of the issue of the statutory demand, the landlord creditor can then issue a winding up petition against their tenant.  Although in most cases a landlord does not ultimately want their tenant to be wound up (as that could lead to them having to take back the premises), the procedure is sometimes used to put pressure on tenants to pay their rent.  Under these new measures, any winding up petition that claims that the company is unable to pay its debts must first be reviewed by the court to determine why. The law will not permit petitions to be presented, or winding up orders made, where the company’s inability to pay is the result of COVID-19.

Continue Reading Commercial Property Landlords Banned from Making Statutory Demands