Property Patter: the whys and wherefores of receivership
Landlords will sometimes come across a receiver being appointed over a tenant company's assets, or may even find their own assets subject to such an appointment. So, what is a fixed charge receiver, what are their powers and how is COVID-19 likely to affect receivership appointments? The answers are provided by property insolvency specialists Emma Humphreys and Bethan Cunniffe with expert input from Tony Guthrie, a Partner at Gerald Eve who is often appointed as a fixed charge (LPA) receiver.
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