Andrew Butler KC and Nora Wannagat explore the rapidly developing world of restructuring plans and their impact on commercial landlords.
Against the backdrop of recent cases including TG Jones, Poundland and Virgin Active, they discuss how restructuring plans work, how landlords may be treated within different creditor classes, the court’s approach to cross-class cram down and the sanction of restructuring plans, and what landlords can do to prepare when a tenant is facing financial distress.
They also consider the evolving approach of the courts and what recent cases may mean for landlords facing changes to their leases and rental income.
Producers: Peter Shevlin and Neil Kanwal
A Pod60 production for Tanfield
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