Following a decision to place the company into administration in March of this year, Ted Baker has this week announced steps to close its final 31 shops in the UK and Republic of Ireland. This follows a number of other high profile tenant administrations over the last year, including the likes of Wilko and The Body Shop. 

From a landlord’s perspective, tenant administrations present a high degree of uncertainty and often leave them facing shortfalls in rent and other sums due under the lease. As unsecured creditors, this can often leave landlords with little prospect of recovery.  

To help navigate what can be an unfamiliar and technical process we have put together a short guide dealing with some of the first questions landlords will often ask when they find themselves in this position.