In IAA Vehicle Services Limited v HBC Limited, the High Court concluded that a deposit under the Standard Conditions of Sale fell due as soon as an option to purchase a freehold property was exercised, but that time was not...more
The Levelling Up and Regeneration Act 2023 (LURA), which introduced the concept of high street rental auctions, received Royal Assent on 26 October 2023. Part 10 of LURA allows local authorities to carry out mandatory...more
In back to school week, the presence of reinforced autoclaved aerated concrete (RAAC) in over 150 school buildings, posing a risk of collapse, dominated the headlines. However, the prevalence of RAAC in all kinds of local...more
In their judgment this week in the case of Aviva Investors Ground Rent GP Limited v Williams, the Supreme Court has curtailed the First Tier Tribunal’s jurisdiction to intervene in residential service charges. The reduction...more
Residential property reform is high on the government's legislative agenda as announced in this week's Queen's Speech. Proposed changes to the rental market include banning the so-called no-fault evictions, a commitment to...more
The government has introduced to Parliament draft new legislation in the form of the Commercial Rent (Coronavirus) Bill which will establish a binding arbitration process for commercial landlords and tenants who have been...more
Following the government’s call for evidence in May this year, the government released the responses and analysis on 4 August 2021, along with an accompanying policy statement. These highlight the starkly differing views of...more
Most commercial leases require the tenant to pay its rent quarterly, and invariably include a provision allowing the landlord to forfeit if that rent has been unpaid for a period of time, e.g. 7, 14 or 21 days. Outside of...more
6/25/2020
/ Arrearages ,
Commercial Leases ,
Contract Terms ,
Coronavirus/COVID-19 ,
Forfeiture ,
Landlords ,
Moratorium ,
Rent ,
Rental Property ,
Tenants ,
UK ,
Winding Up Petitions
RE: A COMPANY (INJUNCTION TO RESTRAIN PRESENTATION OF PETITION) -
The court considered an application for an injunction in light of the new Corporate Insolvency and Governance Bill 2020 (“CIGB”), which was published on 20...more
Long awaited insolvency reforms in the UK, plus the government’s COVID-19 proposals on the use of statutory demands – and much more....more
The outbreak of the novel coronavirus COVID-19 is an ongoing epidemic that poses significant issues for businesses in affected countries. The purpose of this note is to summarize the duties of property owners in England and...more