by Paul Brindley | Mar 10, 2023 | Administration
Here are the key points for you, as a landlord to keep in mind if your tenant goes into administration: If your tenant is in administration, they still have to pay rent as an expense for every day they occupy the property during the administration period. The rent is...
by Paul Brindley | Feb 20, 2020 | Advice to Directors, CVLs, MVLs
What is a Members’ Voluntary Liquidation? A members’ voluntary liquidation (‘MVL’) is a solvent liquidation, one where all creditors are paid in full, and there’s a return to shareholders. An MVL is normally carried out where: A company or group of...
by Paul Brindley | Sep 1, 2019 | CVLs
There are several points to note about disclaimer: The power of disclaimer occurs only in liquidation. It’s a power given to liquidators and not to Administrators, Administrative Receivers, Supervisors of CVAs, or Fixed Charge/LPA Receivers. The liquidator can...
by Paul Brindley | Aug 28, 2019 | CVLs
For hundreds of years landlords used to seize and sell the assets of their tenants who could not pay their rent using the process of distraint – imagine the lord of the manor turning up in the village in medieval times, taking the villagers chickens to the market to...
