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When considered practically, the logical approach would be that a property is worth however much people are prepared to pay for it.
The issue was who should bear the cost of rates liabilities where a lease has been disclaimed and the landlord has not re-entered the property.
A legal charge may be invalid if it is not properly executed but a lender can still rely on it as equitable security download
In the recent case of Bank of Scotland v Waugh the High Court considered the execution of a legal charge and the impact of signatures on the document not having been witnessed.
While there is no clear statutory definition of a highway, at common law a highway is a route along which people can pass and re-pass at all times as frequently as they wish.
In Greenwich LBC v Tuitt Mrs Tuitt was a secure tenant of the local authority.
In Rentokil Initial 1927 PLC v Goodman Derrick LLP, the claimant’s refusal to waive privilege was criticised by the court.
It was hoped that the enactment of the Landlord and Tenant Act 1988 would bring to an end the uncertainty that plagued applications by tenants to assign or sublet their premises.
A conservation covenant is an agreement between a landowner and a responsible body, whereby the landowner promises to carry out or refrain from carrying out activities on their land.
Invasive non-native species are plants and animals introduced into a natural environment where they are not usually found with serious adverse consequences for the environment.
Walker Morris has advised on the sale of Woodleigh Community Care to Care Aspirations Developments, a wholly owned subsidiary of Cambian Group plc.
The refurbishment, the largest in the city for the last five years, was undertaken by leading office fit-out specialist Bluu.
The High Court has determined preliminary issues in a professional negligence claim against a firm of conveyancing solicitors brought by a mortgage lender.
An application for registration of the name CANARY WHARF by Canary Wharf Group as a trademark has been refused.
The Supreme Court has denied lenders a claim for equitable compensation for a solicitors’ breach of trust that exceeds that of the actual loss caused.
Corporate lawyers at Walker Morris have advised AIM-listed engineering services group Renew Holdings on the disposal of Allenbuild.
This is a cautionary tale for lenders to take care that their rights under an ‘all monies’ clause are not lost when enforcement action is taken against individual security in separate actions.
In the recent case of West v Ian Finlay & Associates, the Court of Appeal found that net contribution clauses ‘are by no means unusual’.
The Supreme Court has published its final decision in the North East Property Buyers litigation that has provided crucial clarity on priority interests in land.
The UK Supreme Court has published its final decision in the North East Property Buyers litigation case, in which Walker Morris represented one of the lenders.
When a court assesses the amount of costs payable by one party in litigation proceedings to another, the costs may be assessed on either a standard basis or an indemnity basis.