Proxima GR Properties Ltd v Spencer (UT) – concerning the premiums payable for three new lease claims, in particular the amount payable in respect of ground rent where a rent review was due in 2005 but the new rent was not determined until 2016 – considers the legal effect of letters sent by the leaseholder in 2010 which set a deadline for the rent review, and whether they had made time of the essence for the rent review.
For more information see the UK Upper Tribunal (Lands Chamber).
A notice under the Law of Property Act 1925 s.146 could only be validly served if a right of re-entry to leasehold premises had arisen through a particular breach under the provisions of the lease having occurred. There was no authority for the proposition that a s.146 notice could be served before the relevant right to re-entry had occurred, on the basis of an anticipated breach.
For more information see the England and Wales High Court (Queen’s Bench Division) Decisions.
On 23rd June 2016 the UK voted to exit the European Union. In this post we round-up the legal implications with respect to property, planning and dispute resolution.
We are thrilled to announce that a delegation from CG Naylor LLP will be attending the MIPIM property forum at Palais des Festivals in Cannes from 13-16 March 2018.
The term litigation funding refers to financing a legal claim, usually via a professional, third party litigation funder but also through innovative legal pricing structures.
Third party litigation funding is a form of legal finance, whereby the litigation funder agrees to support your claim financially in exchange for a share of damages recovered.
An Alternative Funding Arrangement (AFA) is an innovative form of legal finance that greatly reduces the risk of litigation whilst significantly increasing its affordability.
A Conditional Fee Agreement (CFA) is an alternative source of litigation funding in which you only have to pay fees to your solicitor if your case is successful.
Damages Based Agreements (DBA) are an alternative source of legal funding, in which the risks of litigation are shared between the solicitor and the client.
After the Event (ATE) insurance is a type of Legal Expenses Insurance (LEI) which limits your liability for disbursements (expenses) incurred and your opponent’s legal fees.