On 14 September 2015, judgment was handed down in the case of Re SSRL Realisations Limited (In Administration), in which a landlord was granted permission to forfeit a lease by peaceable re-entry. The case will be of interest to insolvency practitioners and landlords alike – but for very different reasons. The facts of this case … Continue Reading
Following on from our recent post ‘UK Retail – Another Dressing Down?’ commenting on the trends seen over Christmas 2014, we now take a look at the approaching Easter weekend. A 4 day weekend, a recovering housing market and only a few weather warnings issued….. surely this can only mean one thing-DIY and all the … Continue Reading
Is UK Retail still in the doldrums? Christmas is a critical time for most retailers and can be the difference between life and death for many high street stores. With the economy’s recovery in its early stages and purse strings remaining tight, Christmas 2014 was never expected to be all tinsel and mistletoe. Christmas trading … Continue Reading
We consider in the attached article the rise of the use of Company Voluntary Arrangements (“CVAs”) by retailers in the United Kingdom who need to reduce their store portfolio in a time of declining footfall in the high street. We examine the reasons why a CVA may be a practical way to reduce rent overheads … Continue Reading
