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Commercial Leases

Lessee Company Voluntary Arrangement – Effect on lease – Notice to vacate – Validity and service

EOP II Prop Co III S.A.R.L v Carpetright Plc [2019] CSOH 40 (Lord Bannatyne) (17 May 2019)

We mention this case in brief as it raised an interesting point concerning termination of a lease in a Company Voluntary Arrangement (CVA) set-up. We raise awareness of it given the high number of CVAs currently affecting leases of retail premises.

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