Leasehold and asset management essentials: Debt recovery and enforcement
On Thursday 23 October, we hosted the next session in our series of "Leasehold and Asset Management Essentials" webinars, where our experts discussed the steps that can be taken by landlords to address problem commercial tenants who are failing to pay their rent and other sums due under the terms of their leases, and enforcement action to secure repayment of the debt.
The session provided a practical overview of the various options available to landlords and commercial/tactical considerations to be taken into account in deciding how to proceed.
With Capsticks' Partner Abi Condry chairing, Principal Associate's Huma Ahmad and Megan Daniels together discussed:
- Identifying arrears early and how to take prompt action
- Legal foundations – your rights under the lease and law
- Understanding your rights and remedies
- How to navigate the court process
- Enforcement options to secure payment, including the impact of insolvency
