Victory for Irish Landlords in Monsoon CVA Rent Disputes
Victory for Irish Landlords in Monsoon CVA Rent Disputes Thursday, December 17, 2020 The COVID-19 pandemic has exacerbated the problems faced by high-street retailers. Store closures during lockdown, changing consumer behaviour and the resultant loss of turnover and profits have caused many businesses to seek to reduce their rent payments. Company Voluntary Arrangements (“ CVAs”) have become fashionable tools for trying to secure such rent reductions. In this blog, we consider Judge McDonald’s ruling in Apperley Investments Ltd & Ors v Monsoon Accessorize Ltd (Approved) [20...
Source: natlawreview.com