Ruling leaves landlords exposed, says barrister
13th June 2012
A RECENT high court ruling has left commercial landlords more exposed than ever as June’s quarterly rent day looms, an insolvency barrister has warned.Eleanor Temple, a barrister at Kings Chambers in Manchester, has warned landlords to keep a watchful eye on tenants who could apply a new tactic enabled by the ruling that allows them to walk away from several months’ rent.The ruling involves nightclubs operator Luminar Lava, which was placed into administration in October last year, owing huge sums in unpaid rent to ......for the full story register now for free or login below...
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