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Boale, Wood and Company

Boale, Wood and Company

Licensed Insolvency Trustee

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Landlord Insolvency: Priority over Tenants

April 19, 2007 by David Wood Leave a Comment

The appointment of a Receiver over a landlord will usually place the Receiver in the same position as the landlord with respect to leases which are in effect at the time. Therefore, all powers which the landlord may have remain in effect.  As well, there may be certain obligations that the Receiver will inherit in order to satisfy the landlords’ obligations to the tenants.

This post is a continuation of our series on Landlord Tenant Issues in Insolvency

Blog Insolvency,  landlord and tenant

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