02/10 When the rent is due and the business is bust
Real estate litigation briefing note - email
In this issue we look at the recent decision in Goldacre v Nortel. This will be useful for landlords whose tenants have gone into administration but rent is due and the premises are still being used:
- Rent payable as an expense of administration?
- The facts in the case of Goldacre
- The decision
- Practical points for landlords and administrators to note