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1940 oldfive
Guest
correct me if I am wrong but did not honest tim say that acl would be paid in full
Paid what in full? The full 45 year lease (or however many years are left to run)?
I think not!
The unpaid rent from last year, which he did say I believe.
But the unpaid rent from last year is not the full legal liability, only the current amount of debt under administration. Once administration is exited, the lease starts running again and rent is due again.