When a tenant of commerical property becomes insolvent the issues that arise are complex. In this work, those interested in commercial leases and their advisers will find all the aspects of insolvency law that relate to leases in one single source. Presented in a straightforward style, the book explains the states of insolvency that tenants may find themselves in and describes the liability of receivers, administrators and others under the terms of the lease. The landlord's remedies are considered, as are the rights of the original tenant, an assignee or guarantor of the lease. The work is an essential aid for individual and institutional landlords, property managers, tenants, bankers, receivers and insolvency practitioners as well as their respective legal advisers.