David Fleming Featured in The Telegraph Discussing the Ban on Evicting Commercial Tenants Mon, Apr 6, 2020

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David Fleming, Managing Director in Duff & Phelps’ Restructuring Advisory practice, recently spoke to The Telegraph about the inevitable battle between landlord and business tenants once the ban on evicting commercial tenants ends in June.

David commented: “The current crisis will inevitably lead to disputes between landlords and businesses starved of funds during the coronavirus lockdown.”

He added, “Some businesses have simply stopped paying without talking to their landlords. This could spark problems further down the line if payments are missed, as many landlords are being reasonable and are open to discussions.” Although, “some large property owners have agreed to take payment monthly instead of quarterly so businesses can hold on to more cash; the smaller or heavily indebted landlord may be unable to afford the same flexibility.”

Read the full article here.

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