Lucy Redman#12287

Lucy Redman

Solicitor, Hogan Lovells
Lucy joined Hogan Lovells as a Senior Knowledge Lawyer in the real estate disputes team in 2023, having qualified at Linklaters LLP and practised as a property litigator for 13 years, including five years at Burges Salmon LLP.
 
Lucy has experience in all aspects of real estate disputes, acting on both the landlord and tenant side, including commercial landlord and tenant, dilapidations, rent review, property insolvency and rights to light.
 
Lucy delivers regular internal and external training, writes articles for a variety of publications, and prepares precedents and guidance.

Contributed to

1

Part 26A restructuring plans in the context of leasehold
Part 26A restructuring plans in the context of leasehold
Practice Notes

This Practice Note explains how Part 26A restructuring plans may affect leasehold liabilities and landlord creditors. It outlines the restructuring plan process, cross-class cram down, lease class composition, treatment of rent, arrears, dilapidations, guarantees and rent concession agreements, and landlord termination rights. It also considers fairness, valuation evidence, information provision, negotiation strategy and potential challenges for landlords and plan companies.Restructuring plans, introduced under the Corporate Insolvency and Governance Act 2020 as a new Part 26A to the Companies Act 2006 (CA 2006), allow companies which are struggling financially to implement a compromise or arrangement with their creditors, their members or both which will ‘eliminate, reduce, prevent or mitigate the adverse effect [of the financial difficulties] on a company’s ability to carry on business as a going concern’.Restructuring plans have been used by debtors to restructure lease liabilities.This legislation is also supported by the Practice Statement for schemes and RPs 2025 (see Practice Note: The Practice Statement for Part 26 schemes

Practice Area

Panel

  • Specialist Panel

Qualified Year

  • 2010

Experience

  • Hogan Lovells (2023 - Present)
  • Burges Salmon (2018 - 2023)
  • Linklaters LLP (2008 - 2018)

Membership

  • Property Litigation Association

Qualifications

  • LPC (2007)
  • LLB (2006)

Education

  • Durham University (2003 - 2006)

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