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Caroline Ho

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Baker McKenzie’s Commercial Real Estate team has been closely monitoring the implementation of the National Code of Conduct (SME Commercial Leasing Principles) (Code) in Australia. We have previously updated you on the Code in our recent client alerts: New South Wales gives effect to the National Code of ConductVictoria gives effect to the National Code of ConductExtension of administrator relief from personal liability for rentCourt relieves administrators of personal liability for rent The Commercial Real Estate…

Overview The Federal Court has made orders relieving the administrators of retailer Colette from personal liability for rent in response to the COVID-19 crisis and the current uncertainty in respect of government policy about rent relief for tenants: see Strawbridge (Administrator), in the matter of CBCH Group Pty Ltd (Administrators Appointed) (No 2) [2020] FCA 472, a decision of Justice Markovic of 1 April 2020. What you need to know The decision shows that the Courts…