Tag: insolvency proceedings
A landlord’s guide to dealing with an insolvent tenant – Part 2: Where a tenant is an individual
Where a tenant is an individual and it fails to pay the rent due under a lease a landlord may: Exercise commercial rent arrears recovery (CRAR) for the rent against certain goods of the tenant at the premises. Sue for the rent by court action. Forfeit the lease, either by court action or by peaceable... Read more »
A quick guide to Dividend Payments for Director/Shareholders
When a company enters into liquidation one area that will always be investigated by the liquidator is whether there have been any payments of dividends that should not have been declared by the company. Dividends are often advised as being a tax efficient way for a director/shareholder to extract value from their business however it... Read more »
A landlord’s guide to dealing with an insolvent tenant – Part one: Where a tenant is a company
Where a tenant is a company and it fails to pay the rent due under a lease a landlord may: Exercise commercial rent arrears recovery (CRAR) for the rent against certain goods of the tenant at the premises. Sue for the rent by court action. Forfeit the lease, either by court action or by peaceable... Read more »