Podcast Location:
Download it here [file size: 50.4 MB]
Categories:
Real Estate & Property Law
Insolvency & Restructuring
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

In this CPDcast, property and insolvency law expert, Peter Levaggi explains the most frequent insolvency issues which affect property transactions. It tackles difficult questions, provides invaluable practical tips to deal with common problems and will be of interest to commercial property and insolvency practitioners.

Outcomes:
After completing the course you will:
  • Understand the circumstances in which insolvency situations arise which will have an effect on property transactions;
  • Know the key issues to consider in receivership sales;
  • Be aware of the most common risks in receivership sales;
  • Know the key documentation when buying from a receiver;
  • Understand what is involved in ‘pre-packaged’ sale ;
  • Know the key points to consider when transacting with an insolvent tenant;
  • Know how rent can be retrieved when a tenant goes into administration;
  • Know when rent will be deemed an administration expense;
  • Understand what commercial rent arrears recovery (CRAR) involves.
Level:
Specialist Difficulty: 5 of 5
Classification:
Market Update / Hot Topic
Sources and References:
  • Enterprise Act 2002;
  • Goldacre (Offices) Limited v Nortel Networks UK Limited [2009] EWHC 3389 (Ch);
  • The Insolvency Act 1986;
  • Lazari GP Ltd & Another v Jervis & Other [2012] EWHC 1466;
  • Lazari GP Limited & Lazari Real Estates Limited v Game Retail (UK) Limited.
Tags:

In this CPDcast, Peter Levaggi, a partner from Charles Russell discusses various issues in insolvency transactions which affect property transactions, including administration sales and transacting with an insolvent tenant.

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

Date Recorded: 7th August 2013

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