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Landlords are likely to lose the most effective method of collecting rent arrears. The draft Tribunals Courts and Enforcement Bill proposes to abolish the right to distrain. The Bill proposes to replace distress with a statutory procedure to be known as commercial rent arrears recovery or CRAR. CRAR will share many of the features of distress but with crucial differences likely to make the remedy less effective.

The end of the Brexit transition period and the implementation of the new UK/EU Trade Agreement have had a significant impact on technology transactions throughout Europe.