This post was written by Siobhan Hayes and Katherine A. Campbell. This morning we got the news that HMV had gone into administration and last week it was Jessop that went under. HMV’s administrators are still trading from the stores but the administrators of Jessops have ceased trading. Can their landlords expect their rent?… Continue Reading
This post was written by Katherine A. Campbell and Siobhan Hayes. Just a short post to update our previous post on the issue of administrators being obliged to pay rent as an expense of the administration. The recent case of Leisure (Norwich) II Limited v Luminar Lava Ignite Limited has confirmed the judgment in the … Continue Reading
We have previously posted on the impact of the 2009 Goldacre case (Goldacre (Offices) Limited v Nortel Networks UK which ruled that landlords of tenants in administration are able to claim rent as an expense of the administration when the administrators use leasehold property for the benefit of the tenant’s creditors. Is this really as … Continue Reading
