Continue reading "Commercial Lease Breaks: Give me a break"
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Commercial Lease Breaks: Give me a break
Neil Ham considers the decision in Avocet and its broader consequences for landlords and tenants ‘If equality and fairness prevail, break conditions will either be absent or, more commonly, provide that at the break date the basic annual rent will be up to date and the premises vacant.’ The exercise of a break right by …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Avocet Industrial Estates LLP v Merol Ltd [2011] EWHC 3422 (Ch)
- Jervis v Harris [1995] EWCA Civ 9
- Mannai Investment Co Ltd v Eagle Star Life Assurance Co Ltd [1997] UKHL 19
- Marine Trade SA v Pioneer Freight Futures Co Ltd BVI & anor [2009] EWHC 2656 (Comm)
- Rainy Sky SA v Kookmin Bank [2009] EWHC 2624 (Comm); [2010] EWCA Civ 582; [2011] UKSC 50
- Tradax Export SA v Dorada Compania Naviera SA (The Lutetian) [1982] 2 Lloyds Rep 140