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United Kingdom Assignments

BCLP

New Perspectives: Legal Assignments in Asset-based Lending

BCLP on

The City of London Law Society Financial Law Committee (FLC) has issued a note to guide parties and their legal advisors on executing legal assignments under section 136 of the Law of Property Act 1925 (LPA 1925) in view of...more

Latham & Watkins LLP

The Law Commission of England and Wales Proposes to Classify NFTs as Data Objects

Latham & Watkins LLP on

NFT creators and consumers should evaluate the legal and commercial considerations of NFTs that are linked to copyright work. The Law Commission of England and Wales (the Commission) is a statutory independent body that...more

BCLP

How long does a landlord have to respond to a request for consent to assign?

BCLP on

I am the owner of a luxury three-storey leasehold apartment. My lease has 150 years to run. I want to sell by assigning the lease, but I need my landlord’s consent (not to be unreasonably withheld) to assign lawfully my...more

A&O Shearman

UK Draft Regulations Restricting the Assignment of Receivables Published

A&O Shearman on

The draft Business Contract Terms (Assignment of Receivables) Regulations 2018 have been laid before Parliament. The draft Regulations will invalidate terms in business contracts that prohibit or restrict the assignment of...more

Hogan Lovells

EMI and Frankenstein: Not dead yet

Hogan Lovells on

Last year, we blogged here on the case of EMI Group Limited v O&H Q1 Limited. EMI was a case in which an assignment of a lease was rendered void, as it offended the provisions of the Landlord and Tenant (Covenants) Act 1995...more

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