Summary of remedies available on tenant insolvency

Posted By: on 21st March 2014

Summary of remedies available on tenant Insolvency

Potential options Administration Voluntary Liquidation Compulsory Liquidation CVA/IVA
Distraint for rent Prohibited Possible Prohibited without permission of the Court Prohibited if landlord has notice of arrangement / if there is an Interim Order / moratorium
Forfeiture of lease Prohibited without permission of the Court Possible Prohibited without permission of the Court Prohibited if landlord has notice of arrangement / if there is an Interim Order / moratorium
Proceedings for arrears / damages Prohibited without permission of the Court Possible Prohibited without permission of the Court Prohibited if landlord has notice of arrangement / if there is an Interim Order / moratorium
Service of Section 6 notice Possible Possible Possible Possible
Draw upon rent deposit Possible Possible Possible Possible
Enforce guarantee Possible Possible Possible Possible