Publications: November 2010

 

Fairstate Limited v Atef Sarian

The Message Badly drafted Guarantees may be ineffective. The Case The High Court has considered whether deficiencies in the drafting of a personal Guarantee of a property management contract can be cured or not Fairstate owns a block of 12 residential flats at 22/23 Marylebone High Street, London, W1.In September 2006, it entered into a […]

29th Nov 2010 Recent Property Cases Read more

Silver Queen Marine Ltd v Persia Petroleum Services

The Message Parties need to be careful not to settle disputes prematurely. The Case The High Court has clarified when it is too late for a party to withdraw from a settlement. Silver Queen was sub-contracted by Persia Petroleum to carry out an oil exploration survey in the Persian Gulf in 2008/9. Persia Petroleum were […]

18th Nov 2010 Recent Property Cases Read more

Re North East Property Buyers Litigation

The Message The seller in a sale and leaseback must ensure his new lease has priority over the buyer’s mortgage. The Case Re North East Property Buyers Litigation [19 November 2010] is a significant test case on competing priorities between occupiers, who sold their homes under sale and leaseback schemes, and mortgagees for the buyers […]

9th Nov 2010 Recent Property Cases Read more

London Tara Hotel Limited v Kensington Close Hotel Limited

The Message Open, unforced use of a road for 20 years without the owner’s consent can establish a legal right. The Case In London Tara Hotel Limited v Kensington Close Hotel Limited [1 November 2010], a London hotel was able to rely on an antiquated legal doctrine to allow it to use a road for […]

1st Nov 2010 Recent Property Cases Read more