Coronavirus Alert: Mandatory code for commercial tenancies
The code imposes “good faith leasing” and “proportionality” principles that will be legislated by the States and Territories. If landlords and tenants cannot reach agreement on a rent reduction then either party may refer the dispute for binding mediation to the applicable existing State or...
How the PPSA can secure better finance for landlords
No doubt you will have heard about several recent tenant insolvencies – Roger David, Max Brenner, Maggie T, Oroton, Marcs, David Lawrence, Pumpkin Patch, Sumo Salad, Toys 'R' Us and Doughnut Time to name but a few. The reality for landlords when a tenant enters bankruptcy, administration, recei...
