Rebecca Francis, Alexandra Foxon and Ed Socha summarise some of the key property decisions and lessons from 2017 UKI (Kingsway) Ltd v Westminster City Council [2017] A dispute arose regarding the council‘s service of a completion notice, the intended effect of which was to fix the date on which a building that had been redeveloped …
Continue reading "Case round up"
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Wills & Trusts Law Reports | Autumn 2017 #169Lady Hood was the lessee of premises at 67 and 67A Chelsea Square, London SW3 (premises) which had been granted by Viscount Chelsea and Chelsea Land & Investment Company Ltd and Cadogan Holdings Company (Cadogan) on 21 September 1979 for a term due to expire on 25 December 2076 (head lease). By licence granted by Cadogan a reversionary sub lease of the premises was granted by Lady Hood to her sons on 19 June 1997 to commence on 25 March 2012 and to expire on 22 December 2076 (sub lease). Lady Hood as sub-lessor and her sons as sub-lessees respectively covenanted to perform and observ...
Jennifer Emms considers the outcome of schemes used to reduce IHT on the family home and outlines best practice ‘While I understand the legal distinction that has been drawn between the Hood case and Buzzoni, the practical result seems to be somewhat arbitrary.’ I am a fan of all things sweet, in particular, cake, whether …
Continue reading "Succession Planning: Having your cake?"
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A ‘licence’ can turn out to be a lease when put to judicial scrutiny. Emma Pinkerton and Sarah Moore explain how to make sure legal documentation delivers ‘It is the reality of the circumstances in which the parties find themselves that counts – not how they decide to categorise their agreement.’Clients often ask their solicitors …
Continue reading "Leases: Practise what you preach"
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