Contracted-out tenants: Erimus revisited

By Jessica Ready

The Court of Appeal has found in favour of a business tenant and decided that, despite protracted negotiations for a new lease on expiry of its contracted-out lease, a periodic tenancy had not been created in the intervening period.

Back in November 2013, we reported on the High Court decision of Barclays Wealth Trustees (Jersey) Ltd v Erimus Housing Ltd [2013] — highlighting the potential risk to a tenant of remaining in occupation at the expiry of a contracted-out lease and allowing prolonged negotiations of a new lease.

The tenant, Erimus Housing, has now successfully appealed against this decision…

Click on the link below to read the rest of the Shoosmiths briefing.

Briefings from Shoosmiths

View more briefings from Shoosmiths

Analysis from The Lawyer

  • Hester: declined bonus worth almost £1m

    Pay checks

    Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future

  • high street 150

    Focus: Alternative business structures - Law and new order

    There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…


2 Colmore Square
38 Colmore Circus Queensway
B4 6BJ

Turnover (£m): 87.00
No. of Lawyers: 373