Companies in Administration: The Effect on Landlords

    September 2014

    Phones 4u went into administration on Monday following a decision by EE not to renew its contract. At the time of writing, all 560 stores and 160 concessions have been closed, pending a decision by the firm’s administrator whether to continue trading or break the company up in deals with, amongst others, EE and Vodafone.

    As well as customers, employees and creditors, the administration of Phones 4u will have a significant effect on its landlords. This article aims to answer some of the questions faced by landlords of corporate tenants who have entered into administration.