Cost: Free

Zia Bhaloo QC, Camilla Lamont, David Nicholls and Evie Barden will consider the impact on landlords of three significant new decisions in the field of retail, leisure and hospitality lease restructuring.

Programme

• The use of the New Restructuring Plan under part 26A of the Companies Act 2006 and cross-class cram down following Re Virgin Active Holdings [2021] EWHC 1246 (Ch)
• The dismissal of the landlords’ “root and branch” attack of the New Look CVA in Lazari Properties 2 Ltd v New Look Retailers Ltd [2021] EWHC 1209 (Ch) and its implication for future challenges to CVAs
• The revocation of the Regis CVA in Carraway Guildford (Nominee) Ltd v Regis UK Ltd [2021] EWHC 1294 (Ch) and the finding that the nominees’ conduct fell below the required standard
• The implication of the decisions in New Look and Regis for future challenges to CVAs