Property update — November–December 2013: Re Game Station
A date has been set for the appeal, by a group of landlords, in relation to unpaid rent following the collapse into administration of the Game group of companies last year.
On 26 March 2012, administrators were appointed in relation to Games Station Ltd, as well as various other Game group companies, including the parent company plc. Games Station, and the other Game companies, occupied hundreds of shops (and a number of other premises) as tenant.
When a tenant company goes into administration, its landlord can be left in a very difficult position: a statutory moratorium kicks in, meaning that the landlord is limited in its ability to take action if rent is not paid, or if other terms of the lease are breached by the tenant…
If you are registered and logged in to the site, click on the link below to read the rest of the Wragge & Co briefing. If not, please register or sign in with your details below.
News from Wragge Lawrence Graham & Co
News from The Lawyer
Briefings from Wragge Lawrence Graham & Co
Dispute resolution in the UAE: what are the options? Part three — enforcing an arbitration award in the UAE
Different regimes apply in the UAE for enforcing international awards and local awards (i.e. awards made within the UAE).
Employers with recognised trade unions are seeing more pressure coming their way in relation, on the one hand, to job security and on the other to improved terms and conditions.