Introduction A developer’s application under Section 84 of the Law of Property Act 1925 (“LPA“) to discharge or modify restrictive covenants which would be breached by a proposed development was considered in the recent case of HAE Developments Ltd v
More about Restrictive covenants, costs, and other uncertaintiesPerhaps surprisingly for some, it is possible to have more than one landlord of a single lease. When this (albeit rather rare) situation arises, there are numerous potential pitfalls and hazards which the landlords should be aware of. What is
More about Split reversions – Half the lease for double the trouble?The KPMG/Carillion scandal is not simply another example of corporate corruption. This scandal also sheds light on the shaky ground juniors tread with pressures to perform, impress, or simply do their job in following orders from further up the hierarchy.
More about Spotting and responding to red flagsSurging power costs due to, amongst many things, extrinsic factors like Russia’s invasion of Ukraine have not gone unnoticed. Combine that with record-breaking temperatures this summer and it’s clear that environmental policy is on everybody’s agenda. Time will tell where
More about The importance of environmental credentialsChris Carlisle Chris joined Wedlake Bell in June 2022 as an associate in the Real Estate team. Chris is a non-contentious commercial property lawyer. He has experience advising clients on sales and acquisitions, lettings and property financings. Lucy Dodds Lucy
More about Welcome – QIAThe Pensions Regulator (“TPR”) has published a blog describing trustees as “the first line of defence in the assessment and mitigation of corporate events that impact covenant, including refinancing“. We discuss below TPR’s expectations of trustees and sponsoring employers in
More about Refinancing risks – Trustees are the first line of defence – Pensions compass September 2022In the recent decision of Hinton v Wotherspoon, the court was faced with a claim under section 423 Insolvency Act 1986 by a trustee in bankruptcy to set aside a transfer of the matrimonial home into the sole name of
More about The further difficulties of a section 423 claim“Signs of distress are increasing with the latest Insolvency Service statistics released on 2 August for the Q2 to June 22. If not a “tsunami” as was predicted at the start of the pandemic, largely staved off by government support
More about Edward Fennell’s legal diary: The significance of the insolvency service statistics for April-June 2022