The Government’s press release stated that the Bill “will establish a legally-binding arbitration process for commercial landlords and tenants who have not already reached an agreement, following the principles in the Code of Practice”.

The Commercial Rent (Coronavirus) Bill (‘the Bill’) was introduced in Parliament on Tuesday 9 November. The Government’s press release stated that the Bill “will establish a legally-binding arbitration process for commercial landlords and tenants who have not already reached an agreement, following the principles in the Code of Practice”.
Click here to read more.
Related Insights

Arbitration process for commercial landlords and tenants nearly with us
As at late February 2022, The Commercial Rent (Coronavirus) Bill is nearing completion. It has passed through the House of...

Commercial Rent (Coronavirus) Act 2022 – An Update
The Commercial Rent (Coronavirus) Act 2022 came into force on 24 March 2022, introducing a new arbitration scheme to assess...

COVID fraud may cause directors to run for cover
This article originally appeared on Emerging Risk.co.uk, authored by Partner, Richard Palmer. Richard Palmer, partner in the restructuring and...

Credit hire claims could be exploited during COVID-19 lockdown
Our Heads of Credit Hire, Max Withington and Darren Mendel, provides us with the following comment urging the insurance industry...