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Rent accruing during a period of administration should be treated as an expense of the administration, irrespective of the date on which it falls due for payment.
Wragge & Co’s banking and finance team has assisted long-standing client Sanctuary Group in the securing of a £350m loan from the European Investment Bank.
This is a short but salutary tale from a High Court decision earlier this month, where the duration of liabilities under a lease was linked to the lease completion date.
The issue of whether an easement has been created on a sale off of part of a larger site, with the seller retaining the unsold land, has again come before the courts.
The Technology and Construction Court recently decided that claims that had been advanced in negligent misstatement and misrepresentation could not be adjudicated.
The 2001 Law Commission Report led to the introduction of the Land Registration Act 2002. This replaced the 1925 version of that act.
In R v Horsham District Council, Lindblom J considered the validity of a section 106 planning agreement that required a payment to be made by the applicant.
Property Update — February 2014: Re Game Station — the Court of Appeal has overturned the law on administrators paying rent
The Court of Appeal has issued its judgment in the ‘Game’ case: Jervis & Anr v Pillar Denton Limited & Ors.
Property Update — February 2014: what is the status of an adjudicator’s decision before court judgment or an award by an arbitrator?
What is the status of an adjudicator’s decision, in the period following the decision but before a judgment by a court or an award by an arbitrator?
In JL Homes Ltd v Mortgage Express, Diakiw and Heap (acting as LPA receivers), the court stepped in to avoid further costs and court time being wasted and granted a civil restraint order.
In Thakker and another v Northern Rock (Asset Management), it was found that a breach of the MCOB rules does not affect the underlying right to possession.
The private equity team at Wragge & Co has advised Mobeus Equity Partners on a £6m investment in the management buyout of Entanet International.
In Hillcrest Homes v Beresford and Curbishley, the TCC decided that claims that had been advanced in negligent misstatement and misrepresentation could not be adjudicated.
What is the status of an adjudicator’s decision, in the period following the decision but before a judgment by a court or an award by an arbitrator? Just how ‘binding’ is it?
The case of Richard Gabriel v Peter Little and others has highlighted the importance of engagement letters in clarifying the scope of a professional retainer.
French private equity and venture capital magazine Option Finance has named Wragge & Co’s Paris private equity team one of the best in France.
In Blemain Finance Ltd v Goulding, the court had to determine whose interests prevailed.
A sub-surety was entitled to an indemnity from the assets of a guarantor before a third party’s debt bit upon the guarantor’s assets.
The case of Siemens Hearing Instruments Ltd v Friends Life Ltd is, unsurprisingly, heading for the appeal court.
Another set of regulations has been laid before Parliament, in anticipation of the new commercial rent arrears recovery (CRAR) procedure coming into force on 6 April 2014.