Game's appeal over unpaid rent during administration rejected

Game's appeal over unpaid rent during administration rejected

[...]of the test case, from now on, throughout an administration process, rent must be paid on a 'pay as you trade' basis, regardless of when the retailer filed for administration.'The right decision' British Property Federation director of policy Ian Fletcher said: "This co...

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Bibliographic Details
Published in:Retail Week 2014-10
Main Author: Harrison, Nicola
Format: Article
Language:eng
Subjects:
Court decisions
Insolvency
Litigation
State court decisions
Online Access:Get full text
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Summary:[...]of the test case, from now on, throughout an administration process, rent must be paid on a 'pay as you trade' basis, regardless of when the retailer filed for administration.'The right decision' British Property Federation director of policy Ian Fletcher said: "This confirms that the decision made by the Court of Appeal in February was the correct one, and it is a relief to see that there is no more uncertainty surrounding the case.
ISSN:1360-8215