One of the UK Government’s first Covid 19-related interventions, in order to limit the harsh effect of lockdown on businesses, was to protect tenants from action by landlords to recover rent arrears. It was apparent that at some point the problem of the accrued debt had to be tackled, and in early 2022 the Government’s proposed answer to this issue, the Commercial Rent (Coronavirus) Bill is expected to be considered by Parliament. James Davison, a partner in our Restructuring team, talks to...
Published 01/26/22