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.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Wragge Lawrence Graham & Co
News from The Lawyer
Briefings from Wragge Lawrence Graham & Co
The Treasury has issued a consultation document that clearly signals its recognition of the value to the UK economy of the private funds sector (including private equity and real estate funds).
Without prejudice communications with a regulator; collateral benefit and negligence; and more.