This book is accepted as the best source of reference for practitioners advising the parties when a tenant of a commercial property becomes insolvent. It examines a complex range of legal issues covering both the insolvency rules and property law. It also provides an overview of the various procedures available under the insolvency regime and the different contexts within which a lease may operate helping commercial landlords and mortgagees of commercial leases and tenants understand their respective rights and obligations when a tenant defaults in payments through insolvency.