Insolvency & Premises Licences - Are You Aware of the Risks?

Introduction

Insolvency proceedings can be stressful and, often, the premises licence is one of the important aspects of a business which is not properly considered as part of the insolvency proceedings.

Hospitality businesses rely upon the premises licence to be able to conduct their business and many operators, lawyers and insolvency practitioners are unaware that the premises licence lapses when an insolvency event occurs.

This webinar will outline the different types of insolvency proceedings, their impact upon the premises licence and how taking action at the correct time can preserve the premises licence and ensure that it is not permanently lost.

Licences are a valuable asset and failing to take action at the correct time can quickly impact the viability of a business and significant costs can be incurred in attempting to reinstate a licence.

The webinar will help insolvency practitioners, lawyers, property professionals, landlords, compliance staff and hospitality operators to avoid the permanent lapse of the licence.

What You Will Learn

This webinar will cover the following:

• How the different types of insolvency proceedings can impact a premises licence
• An outline of the risks when a premises licence holder becomes insolvent, including entering into a CVA, administration, liquidation etc
• How to preserve a premises licence when the licence holder has entered into the insolvency process
• The consequences of not taking action when the licence holder has become insolvent

This pre-recorded webinar will be available to view from Friday 28th March 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email [email protected] for more details.