When faced with a landlord or tenant in financial difficulty, consulting a lawyer sooner rather than later will ensure you understand the correct course of action to take to mitigate costs and prevent further risk to your business.
Being faced with a tenant who cannot pay its rent is a real concern in these challenging times for landlords and their lenders.
Our experienced team of commercial property litigation lawyers can advise on the whole range of remedies available to both landlord and tenant, including forfeiture, distraint and specific performance.
We will provide advice on how to recover sums, help you negotiate with and manage defaulting parties and offer practical, long-term solutions. Where necessary, our property litigation lawyers will use the courts as effective tools to achieve your objectives.
We can also give clear and concise advice regarding the impact of bankruptcy, administration, IVAs or liquidation.
Whether a landlord or tenant, our lawyers aim to help minimise any losses and advise on what action can be taken in a cost effective and practical way.
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