Distressed assets and the Building Safety Act – Tanfield Chambers
‘Numerous lenders and other stakeholders have found themselves in the position of having lent to or invested in a party owning a relevant building under the Building Safety Act 2022, only to find themselves tied to an asset with ever-reducing value as a result of relevant defects being discovered but not corrected.’
Tanfield Chambers, 30th January 2025
Source: tanfieldchambers.co.uk