Corporate Insolvency and Governance Bill – a ‘second shield’ for commercial tenants?

The government has set out their intention to introduce further legislation to assist commercial tenants, thereby providing a further layer of support to those tenants, in addition to the moratorium on commercial forfeiture contained in the Coronavirus Act 2020 and now already in force. The government’s justification for such measures is predominantly to safeguard tenants…

Continue reading

ONLINE PROPERTY AUCTIONS: CONTINUITY DURING CORONAVIRUS OUTBREAK

The general impact of the coronavirus outbreak has had a clear and present effect on both commercial and residential property transactions. Government guidance on property purchases (as well as generic guidance vis-à-vis lockdown) has culminated in a countrywide halt on the majority of residential sales transactions. Although not as stagnated as the residential property market,…

Continue reading

COVID-19 and Telecommunications Infrastructure – Government Guidance

The Department for Digital, Culture, Media and Sport (DCMS) has recently published guidance for network operators to emphasise the importance of telecommunications infrastructure in England during the COVID-19 outbreak. The government has recognised the importance of the telecommunications sector during the COVID-19 outbreak. Telecommunications has been included as one of the critical sectors and telecommunications…

Continue reading

Coronavirus Act 2020 – Moratorium on Forfeiture for Commercial Leases

What is Forfeiture? Forfeiture is a means for a landlord to determine a commercial lease upon the occurrence of specific events resulting from the actions/inactions of the tenant. In standard leases, forfeiture is engaged when (after the period of 21 days has expired from the start of the specific event): the tenant does not comply…

Continue reading

‘Code Red’ – Guidance for landowners on the (New) Electronic Communications Code

Were the initial anxieties of public and private sector landowners about the Electronic Communications Code justified? James Nelson, Lillee Reid-Hunt and Nicholas Grundy QC examine its impact. The fundamental provisions of the new Electronic Communications Code (“New Code”) came into force following the passing of the Digital Economy Act 2017 (“DEA17”). The New Code grants…

Continue reading

‘Stakes and Ladders’ – Government Proposals for Improved Shared Ownership Scheme

The British dream of home ownership has increasingly become something of a pipe dream for a large number of ‘millennials’. Affordability burdens and an imbalance in supply and demand are some of the factors obstructing the ability of younger adults to get a foot on the ladder or make a move towards home ownership. Amongst…

Continue reading