Part 26A Restructuring Plans – a recap for commercial landlords

Ben Tasker of Mischon de Reya explains that Part 26A restructuring plans remain a potent tool for distressed UK tenants to compromise lease liabilities and cram down landlord classes, meaning commercial landlords must move quickly on valuation, voting strategy, forfeiture rights and fairness challenges when faced with rent cuts, arrears releases or altered lease terms.

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