CPI Update – Issue 26 – July 2005

The following cases were reported in the July 2005 issue of the CPI Update:
Crestfort Ltd v Tesco Stores Ltd – Consent to underlet; satisfying pre-conditions;
Abbey National plc v Commissioners for Customs & Excise – VAT on virtual assignments; assignment of rental streams;
Keydon Estates Ltd v Eversheds LLP – Professional negligence; underlease taking effect as an assignment of a lease;
Wessex Reserve Forces & Cadets Association v White – 1954 Act; redevelopment; section 30(1)(f) LTA 1954;
Fairgate International Ltd v Citibank International plc – Yielding up obligations on lease termination;
Savva v Jaikaran – Sale of land; assignment of the benefit of a contract;
Freeguard v Royal Bank of Scotland – Duties of a mortgagee when exercising a power of sale.