Coronavirus Commercial Rent Arbitral Scheme19 November 2021
This highly anticipated publication by the UK government introduces an arbitration scheme in order to resolve the rent arrears for mandated closures and restrictions.
This highly anticipated publication by the UK government introduces an arbitration scheme in order to resolve the rent arrears for mandated closures and restrictions.
The Covid-19 pandemic has required the Courts to grapple with novel questions regarding the renewal of commercial leases. This article explores some of the most impactful decisions on contractual risk allocation and valuation.
The decision will be of interest to all commercial parties whose businesses have been impacted by government measures in response to the pandemic.