Articles by ‘Marianne Johns’

Throughout the pandemic and as a result of the Coronavirus Act 2020 (“the Act”), there have been certain restrictions imposed on commercial landlords in order to protect their tenants. However, until now these restrictions…

Throughout the pandemic, the Government put into place legislative measures with the enactment of the Corporate Insolvency and Governance Act 2020. The aim of the legislation was to help and protect businesses and commercial tenants struggling financially due to Covid-19 by preventing the use of certain remedies.

As of 1 October 2021, some of that protection will be gone.

Throughout the pandemic, the Government put into place legislative measures with the enactment of the Corporate Insolvency and Governance Act 2020 to help and protect businesses and commercial tenants struggling financially due to Covid-19 by preventing the use of certain remedies.

There may still be restrictions on forfeiting leases for non-payment of rent, but the courts have said that this is no bar on suing for the money.

On 4 May 2021, the Government will be launching the Debt Respite Scheme (Breathing Space) in order to grant those with problem debt the right to some protection from creditors. While this is timely in terms of those for whom Covid has seriously impacted their finances, the scheme is actually part of a much wider picture of helping debtors to pay off their creditors under less stress.

Many businesses are being denied business interruption insurance payments, but are there any other avenues that could be investigated? Could the best place to start actually be how, or where you bought the insurance in the first place?

In these unprecedented times and with the Government taking action to step in with Banks and other credit institutions as well as Landlords both commercial and residential; you may be left wondering what you can do to get your debts paid?

The media are reporting that, despite the Christmas buying season, the high street continues to struggle with more and more buying happening online. We have seen big long standing brands like BHS disappear in recent years, others struggling and the rise of the likes of Amazon and associated businesses.

On 26 August 2018 the Government announced new rescue measures and reforms which will aim to strengthen corporate governance and the insolvency regime for companies in financial distress.

The objective of the new measures is to establish a fairer balance between the rights of a company attempting rescue and the rights of its creditors seeking to be paid for the company’s debts.