Retail & Commercial Leasing: COVID-19, Rent Relief, Defaults & Insolvency
Issues covered include: COVID-19, National Code, Land Tax, lease negotiations, rent relief, disputes, defaults, evictions, insolvency
Description
Gain an indispensable roundup of all the new legislation and regulations impacting leasing along with an analysis of how it’s all playing out in practice. Explore how rent relief negotiations & disputes are working out. Examine how COVID-19 and the current market is impacting defaults, evictions & insolvencies
Attend and earn 3 CPD units in Substantive Law
This program is based on NSW legislation
Chair: David Mackay, Barrister, PG Hely Chambers
2.00pm to 3.00pm: Leasing and COVID-19: Lessons from the Last 3 Months
- How the initial phase pre-framework has been enacted
- Legislative response for New South Wales
- The National Code
- Emergency legislation and corresponding regulations
- Land Tax relief
- FIRB requirements
- Case studies: how landlords and tenants are negotiating & implementing the legislative response – the good , the bad and the ugly!
Presented by Andrew Grima, Principal Lawyer, Coleman Greig Lawyers
3.00pm to 4.00pm: Lease Negotiations, Rent Relief & Disputes in the Current Environment
- General tips for negotiating in the current environment
- Rent relief
- Negotiating rent relief
- Timing issues on applications for rent relief before and after the Code
- Disputes: What happens when the parties can’t agree on rent relief?
- Other key issues under the new legislation and regulations
- Differences between commercial & retail leases under the Code
- Does the Code apply to large corporations with turnover exceeding $50M?
Presented by Bede Haines, Partner and Sam Darwish, Lawyer, Holding Redlich
4.00pm to 4.10pm Break
4.10pm to 5.10pm: Defaults, Evictions, Insolvency & the COVID-19 Changes
- The COVID-19 induced moratorium on evictions
- Lease defaults & evictions before and after the Code
- The impact of insolvency on leases
- Issues for landlords and tenants
- What you need to know about liquidation and bankruptcy
Presented by Alicia Albury, Partner and Angela Tao, Senior Associate, Maddocks
5.10pm to 5.15pm: Final Q&A and Closing Comments