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Negotiating a COVID 19 Rent Suspension Clause: What the County Court has to say

Mina Kakkad
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In the case of Poundland v Toplain Ltd, the County Court rejected the tenant’s request to incorporate a COVID-19 rent suspension clause into the terms of a commercial lease renewal. Background  The landlord and tenant (Poundland Ltd) had...

The Commercial rent (Coronavirus) Bill - Finally a resolution?

Steven Ross
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In response to the COVID pandemic the government passed wide ranging legislation to protect business tenants from eviction for failing to pay their rent. The measures that were put in place are to come to an end on 22 March 2022. However, businesses are...

Ground Rent issues in Long Leases

Andy Finkel
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Prospective flat buyers and mortgage lenders will be more concerned than previously about the amount of ground rent payable and the frequency and amount of any ground rent increases. Problem 1. Mortgage lenders’ criteria for rent clauses in...

Lockdown rent: should hospitality businesses be forced to pay the bills?

Steven Ross
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In June 2021, at the same time as announcing that the extension to the ban on commercial evictions and commercial rent arrears recovery would continue until 25 March 2022, the Government announced that new legislation would be implemented to “ring...

Shareholders' Agreement - Importance and Key Areas

Elena Perri
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The shareholders’ agreement is simply a contract between some or all of the shareholders of a private company limited by shares, and therefore can deal with any aspect of the relationship between the parties, including personal rights and obligations. ...

Advice for banks as Evergrande crisis grows

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John O'Donnovan was invited by The Banker to discuss the due diligence lessons banks can learn from the Evergrande crisis. What should they be aware of when contracting with developers? As the debt-laden Chinese developer teeters on the brink, and...

What happens when a Will leaves a gift to a charity that no longer exists?

Davina Puran
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Scenario Mr Papadopoulos makes a will leaving £50,000 to ‘Scarborough Dog’s Home’ for their work in rescuing abandoned dogs. The rest of his estate is to pass to his estranged, extremely well off daughter, Arabella.  When Mr...

Issuing and serving your claim in time

Jon Mahony
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When bringing a claim, there are strict time limits imposed upon: Filing the claim at court and commencing proceedings, known as issuing the claim. This is done via a claim form. Sending the claim form to whom you are suing so that they may respond, known...

Conditional Exemption for Heritage Property: what is it and how does it work?

Arthur Byng Nelson
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The Conditional Exemption Tax Incentive Scheme The Conditional Exemption Tax Incentive Scheme provides an opportunity to defer payment of Inheritance Tax or Capital Gains Tax when an item of pre-eminent importance is passed to a new owner either by gift...

Who has really benefitted from the holiday period, was it homebuyers or the economy?

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As we come to the end of the £250,000 threshold this month, who has really benefitted from the holiday period, was it homebuyers or the economy? From 1 October 2021, the SDLT will return to the pre-pandemic level of £125,000 threshold.  The...

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