Dealing with Insolvent Tenants - A ‘How To’ Guide
This new introductory level full day course will explain the implications for office-holders taking insolvency appointments where the insolvent company/individual is a tenant under a lease.
You will find out what rights the landlord has against the company/individual/office-holder and what steps the office-holder can and should take to protect the position of the estate.
The course is aimed at those advising office-holders where the insolvent company/individual has the benefit of the lease at the date of the insolvency.
It is also aimed at those who act for landlords or tenants who enter into various insolvency procedures, and those who act for mortgagees or sub-tenants where the head-tenant becomes insolvent.
What You Will Learn
This course will cover the following:
- The position of the various interested parties in the different types of insolvency proceedings including:
- Voluntary arrangements (company and individual)
- Liquidation (compulsory and creditors' voluntary)
- Consideration of forfeiture and other possession actions by the landlord:
- The necessary steps before forfeiture, including consideration of when a s.146 notice will be required
- When a landlord requires permission to bring proceedings
- Relief from forfeiture, who is entitled to it and what do they need to do to persuade the court
- Consideration of Disclaimer and how it affects the various interested parties:
- The office-holder's position
- The position of mortgagees and sub-tenants
- Applications for vesting orders
10:00am - 4:30pm
Please let us know if you wish to be notified when new dates are added for this programme