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Property Patter: the news so far on landlord challenges to retail CVAs

Roger Elford and Dan Moore of our Corporate Restructuring & Insolvency Team are back with Emma Humphreys to review some of the recent high-profile landlord challenges to tenant CVAs (Corporate Voluntary Arrangements), as well as looking at Virgin Active's use of the new restructuring arrangement introduced by the Corporate Insolvency and Governance Act 2020.  Is the British Property Federation correct to describe it as setting a dangerous precedent?

This podcast looks at the following decisions:

  • Lazari Properties 2 Limited & Ors v New Look Retailers Limited & Ors [2021] EWHC 1209 (Ch)
  • Re Regis UK Limited [2021] EWHC 1294 (Ch)
  • Re Virgin Active Holdings Ltd, Virgin Active Ltd and Virgin Active Health Clubs Ltd [2021] EWHC 814 (Ch) (convening) and [2021] EWHC 1246 (Ch) (sanction)

You can also find our podcasts on PodbeanApple Podcasts and Spotify.

 

If you want a reminder about the basics of CVAs, please see our previous podcast:

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Property Patter: The trendy option – FAQs on tenant CVAs

Listen in for the answers to FAQs on tenant Company Voluntary Arrangements

Find out more

Meet the team

Our thinking

  • Mental Health Management

    Nick Hurley

    Events

  • Calculating Social Value in BTR

    Francis Ho

    Events

  • Dangers of trusts

    Mark Summers

    Events

  • In-House Insights

    Megan Paul

    Events

  • Stamp Duty Refund - New Impetus To Eligible Incoming Talents

    Ian Devereux

    Insights

  • City AM quotes Gareth Mills on the CMA’s new set of principles for regulating AI

    Gareth Mills

    In the Press

  • Hamish Perry and Mike Barrington write for The Evening Standard on whether a merger between the CBI and Make UK can work

    Hamish Perry

    In the Press

  • Silicon quotes Gareth Mills on the UK consumer lawsuit against Google

    Gareth Mills

    In the Press

  • Common construction claims in Bahrain

    Mazin Al Mardhi

    Insights

  • Property Week quotes Louise Ward on the additional support required by aspiring UK life sciences operators

    Louise Ward

    In the Press

  • Sarah Higgins and David Wells-Cole write for Wealth Briefing on the pitfalls of using unregulated legal services

    Sarah Higgins

    In the Press

  • Charles Russell Speechlys’ UK offices receive environmental certification

    Kerry Stares

    News

  • Case analysis: URS Corporation Ltd V BDW Trading Ltd

    James Worthington

    Insights

  • True value adjudications; don’t jump the gun!

    Christopher Busaileh

    Insights

  • Financial Reporter quotes Rhys Novak on a new FCA review into the treatment of PEPs

    Rhys Novak

    In the Press

  • In-House Insights Programme 23/24

    Megan Paul

    Events

  • Restrictive covenants – who has the benefit?

    Georgina Muskett

    Insights

  • First time buyers relief and trusts

    Sarah Wray

    Insights

  • Enforcement of Judgments

    Patrick Gearon FCIArb

    Insights

  • City AM quotes Ashwin Pillay on the latest round of ONS M&A statistics

    Ashwin Pillay

    In the Press

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