Industry comment, updates and news from the Websters team.

Bad Day for Landlords?

Tuesday, November 6th, 2012 in Commercial, Landlord, Managing Agent, News, Service Charge

Ralph Bullivant of Hill Dickinson notes another instance where landlords will need to be even more vigilant than normal on the quarter day with a view to taking prompt enforcement action against those tenants who have failed to pay their rent, especially if there is a suggestion that they may be in financial difficulties and possibly heading for administration. In The High Court decision, Leisure (Norwich) II Ltd -v- Luminar Lava Ignite Ltd, it was held that, when rent is payable in advance and falls due for payment prior to the commencement of the administration,  it is not payable as an expense of the administration and the landlord must stand in line with all the other creditors.

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