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ARTICLE · 15 MAY 2020

Keep Calm In Uncertain Times: Know Your Obligations Before You Act

Withers LLP
Withers LLP
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Withers LLP

Withers LLP

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You, as a landlord, have signed a tenancy agreement with a tenant for rental of a commercial property for a fixed term. However, the tenant has decided to break the lease and does not intend

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Imagine the following situations:

  • You, as a landlord, have signed a tenancy agreement with a tenant for rental of a commercial property for a fixed term. However, the tenant has decided to break the lease and does not intend to honour the remainder of the rental period; or
  • You, as a manufacturer, are contractually obliged to deliver your goods by a certain date. However, your supplier's factory premises have remained closed for weeks, and you are unable to manufacture your goods without your supplies; or
  • You, as a distributor, are facing a large stockpile in your factory, with none of your retailers willing to take the goods as previously agreed, due to the poor retail sales.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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