Defaulting Tenants – what are a Landlord’s Remedies?

By |2020-06-02T11:33:49+00:00June 2nd, 2020|

Many landlord's did not receive their rent due on the March quarter day as a result of the Covid-19 outbreak and the Government closure of all pubs, bars, restaurants, hotels and cafes.  A landlord of commercial premises has several options available when faced with non-payment of rent. The COVID-19 pandemic has seen government intervention that [...]

Insolvency Bill to relieve burden on businesses

By |2020-05-26T15:15:51+00:00May 26th, 2020|

Since Covid-19 led some tenants to withhold the March quarter we have been advising both landlords and tenants on the way forward.  We have been busy with statutory demands which seek to enforce payment of rent and also advising on applications for winding-up petitions.  Towards the end of April the Government announced that it would [...]

Coronavirus – Government-backed business support

By |2020-05-19T15:27:24+00:00May 12th, 2020|

Businesses in the hospitality and leisure sectors are universally concerned about how they can keep afloat during the current Covid-19 pandemic.  The Government announced a raft of business support measures to help businesses survive an environment where trading has been curtailed and cost of operations may outstrip income. These include Business Interruption Loans, a Coronavirus [...]

Business Interruption Insurance – look closely at your policy

By |2020-03-30T12:35:28+00:00March 23rd, 2020|

The hospitality and leisure sectors are among the hardest hit by the Covid-19 pandemic so far with most now subject to enforced closure.  The message in the media has been that business interruption insurance will not provide cover for losses in relation to COVID-19.  We do not consider that it is this simple and strongly [...]

Rent arrears. Plan ahead for Covid-19

By |2020-03-17T10:00:04+00:00March 16th, 2020|

Covid-19 is here.  It is impacting the hospitality and leisure sector with a concern that tenants will be in financial difficulties soon.   Landlords need to plan ahead to protect tenant’s welfare and their own business interests.  What you can do to be proactive now? Will a tenant’s insurance cover any downturn in profits? Some tenants [...]