Published: Mar 23, 2020

Leasehold rights and obligations in the face of mounting COVID-19 trading restrictions

As governments around the region continue to impose stricter regulations and controls around the isolation of individuals and the ability for businesses to continue to trade, landlords and tenants are facing increasing financial pressure.

These challenges are rapidly evolving and it is critical that stakeholders obtain expert commercial and legal advice as to their rights and obligations, with a view to protecting their interests in the short and longer term.

Al Tamimi & Company’s Real Estate team advise landlords and tenants throughout the Middle East & North Africa region and understand the local conditions in each jurisdiction. Therefore, we are best placed to advise all stakeholders on:

  • the rights and remedies available to either party at law;
  • interpreting your lease agreements, in particular, in respect of each party’s financial rights and obligations; and
  • the extent to which your regional operations will require bespoke considerations from country to country.

We are here to support you. Please do not hesitate to contact us to discuss how we can assist you in more detail.

 

Key Contacts:

Tara Marlow
Partner, Head of Real Estate, Hotels & Leisure
t.marlow@tamimi.com

Mohammed Kawasmi
Partner, Real Estate
m.kawasmi@tamimi.com

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Disclaimer: This chat service should not be relied upon as a substitute for professional advice which takes account of your specific circumstances and any changes in the law and practice. No warranty is made as to the accuracy or completeness of the information provided via this service and no liability is accepted by Al Tamimi & Company Limited, its affiliates, partners or employees for any loss arising as a result of reliance upon the information provided.

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