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  — 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.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
Many landlords hold their properties personally. This means that income received on rental properties is charged at income tax rates of up to 45 per cent.
A seven-year battle between Karen Millen and Dunnes Stores looks set to be nearing an end after the European Court of Justice ruled in favour of Karen Millen.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
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…