A new Ice Age: length of term under the Landlord and Tenant Act 1954
By Robert Wood
The County Court has ordered a new lease for a term of 10 years on lease renewal. The 10-year term is double the length requested by the tenant (Iceland Foods Ltd v Castlebrook Holdings Ltd, 12 December 2013).
- The judge gave limited consideration to market comparables when deciding the length of the renewal lease.
- The court struck a balance between the parties’ interests when determining the length of the term.
- The judge had to balance the tenant’s requirement for security of tenure and the damage to the landlord’s reversion of a short lease.
The judge was asked to determine the duration of a renewal lease of supermarket premises in Cheshire under the Landlord and Tenant Act 1954…
Click on the link below to read the rest of the Nabarro briefing.
News from Nabarro
News from The Lawyer
Briefings from Nabarro
Non-Chinese contractors are regularly encountering contracts containing arbitration clauses providing for disputes to be determined by Chinese arbitration centres.
This note provides a short summary of the two formal insolvent liquidation processes.
Analysis from The Lawyer
Nabarro senior partner and self-confessed “IT geek” Graham Stedman is heralding a major set of investments in technology ahead of the firm’s move to 125 London Wall this year.
Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem