Russell Kennedy (Melbourne/Sydney): Dealing with Commercial Leases in the Time of COVID-19

In these turbulent and unpredictable times, the impacts and challenges that COVID-19 bring to daily life continue to evolve on a daily, and even hourly, basis. COVID-19 will continue to cause significant disruption and challenges to all persons, business and governments on a global scale.

Given the uncertainty of the current situation, it is increasingly likely that the Federal Government could exercise its State of Emergency powers at some point in the coming days or weeks to force closures of shopping centres and other retail areas.

This will have widespread implications for retail landlords and tenants in circumstances where they are already operating in a tenuous market climate.

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