Flawed lease laws hurting businesses

I READ in the Irish Examiner (January 6), that Arnotts had to pay €4 million to exit an upward only lease in the Jervis Shopping centre.

I also heard of a case of a small shop owner in a country town paying a huge rent now in danger of losing their home due to personal guarantees demanded when they signed the lease.

I noted also that Celtic Bookmakers were asked for two-and-a-half years’ rent to exit from leases.