When long leases are granted the intentions of the parties are usually to grant a long lease to the leaseholder, for which a high premium is paid, with a ground rent that varies but is generally nominal when viewed in relation to the premium paid for the lease. However, when the ground rent is looked […]
It isn’t uncommon, particularly in times of economic uncertainty, for landlords and tenants to renegotiate certain terms of their existing lease in order to allow either party (or both) to have more flexibility. We are often asked to document the new commercial terms; the most straightforward way to do this is to draw up a […]
The Competition and Markets Authority (CMA) has announced that Heathrow Airport Limited (HAL) has settled a competition law investigation into its lease agreement with a hotel operator, Arora.[1] The settlement was reached on the basis that HAL accepted it had breached the competition law rules, paid a fine of £1.6 million, and removed the offending […]
Hotels have long recognised the value that on-site restaurants can bring to their offering. They are increasingly joining forces with celebrity chefs to forge partnerships aiming to run restaurants of distinction and culinary sophistication. Such ventures work best when they are framed as a genuine partnership, designed to ensure that the joint brand is worth […]
In 2015, Zipporah Lisle-Mainwaring caught the attention of the Daily Mail when she painted her Kensington townhouse in a striking red and white candy stripe colour scheme. The property was the subject of a long-running planning dispute between Ms Lisle-Mainwaring and her disgruntled neighbours who objected to her application to demolish the property. The Daily […]
The European Parliament has recently voted in favour of a controversial new Directive relating, among other things, to use of copyrighted materials on the internet. The lead-up to the vote has been hugely divisive. Support for the approach adopted by the proposed Directive has largely come from artists, authors and creators of content. They argue […]
The introduction within the EU of the General Data Protection Regulation (GDPR) led to frantic scrambles in the EU to achieve compliance. Such behaviour is understandable, given how easily a complaint may be made to a supervisory authority about organisations which allegedly breach data protection rules: in Britain, the Information Commissioner’s Office (ICO) has provided […]
After the Event (ATE) insurance policies provide many advantages to parties to litigation. By providing cover for the adverse costs risks inherent in litigation and, in some cases, cover for the insured’s own costs and disbursements, ATE policies allow parties to have access to justice which they might otherwise be denied. Such policies may also […]
In A v B [2018] EWHC 1370 (Comm), the Commercial Court has allowed a challenge under section 67 of the Arbitration Act 1996 on the basis that an ambiguous and contradictory arbitration clause drafted in Russian provided for ad hoc arbitration. The initial dispute arose in relation to a Charterparty comprising two parts which were […]
Confidence in claiming Inheritance Tax (IHT) Business Property Relief (BPR) in relation to holiday homes has been at a low ebb in recent years, following a string of cases that have ultimately gone against the taxpayer. However, in the recent case of Graham v HMRC ([2018] UKFTT 0306 (TC)), the taxpayer was victorious. Has this […]
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