Peter Levaggi
Peter Levaggi, Partner, Charles Russell Speechlys LLP Peter is a Solicitor Advocate with Higher Rights of Audience and has a thriving commercial property litigation practice dealing with every aspect of contentious landlord and tenant work. Peter has a strong reputation in the property litigation field and has a substantial national client base and he also specialises in insolvency issues arising in the context of property. He is the Head of the Property Insolvency Group and the Property Litigation Group. He is named as leader in his field in Legal 500 and Chambers who say he "heads up the practice and is extremely well reputed for his crisp delivery and deep knowledge." Peter regularly writes articles and books on property and insolvency issues (he was the author of the Law Society's Guide to Enforcement Law 2nd edition published in 2014 and Jordon's Property Insolvency 2nd edition published in 2015.
Practice Area
Panel
- Contributing Author
3 Contributions by Peter Levaggi
PRACTICE NOTES
Multiple fixed charges over registered land: priority, tacking, marshalling and enforcement where equity is insufficient (England and Wales)
Throughout this Practice Note, the terms ‘borrower’ and ‘mortgagor’ are treated as equivalent, and likewise ‘lender’ and ‘mortgagee’. This Practice Note applies to fixed charges as well, although it does not examine the marginal practical distinction between a fixed charge and a mortgage—see Practice Note: Mortgages for further reading on this topic.
Priority of mortgages over registered land
Under registered land, where several loans are secured over the same property by separate mortgages, each mortgagee is entitled to be paid out of the sale proceeds strictly and in accordance with the mortgages’ order of priority. The basic rule is that any two charges rank in the sequence of their creation (Millet J in Macmillan Inc v Bishopsgate Investment Trust plc (No 3))...
Restructuring & Insolvency
CHECKLISTS
Checklist of landlord actions against insolvent corporate tenants: forfeiture, CRAR, guarantors, sub-rent and deposits; moratorium/leave constraints in CVA, administration, receivership and liquidation (England and Wales)
Options for landlord
This checklist outlines the choices open to a landlord facing an insolvent corporate tenant, and explains how restrictions arising under the various insolvency regimes may affect those choices. If a landlord intends to pursue action against an insolvent corporate tenant, consult this checklist to verify whether the landlord is allowed to proceed where permitted...
Restructuring & Insolvency
CHECKLISTS
Commercial landlords’ remedies against insolvent individual tenants—checklist covering forfeiture, CRAR, guarantors, subtenant notices and rent deposits under IVA, bankruptcy and DRO moratoria (England and Wales)
Options for landlord
This checklist outlines the choices open to a landlord of commercial premises where the tenant is an insolvent individual, and explains the effect of restrictions operating under the various insolvency regimes. Where a landlord of a commercial property seeks to take steps against an insolvent tenant who is an individual, this checklist should then be referred to to confirm whether the landlord is permitted to pursue such action...
Restructuring & Insolvency
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