Wednesday, 14 August 2013, starting time: 12:30pm.
Issues covered by this webinar will include:
– The property law devices used to protect overage clauses.
– Examples of overage errors arising from recent cases (including Cosmichome Ltd v Southampton City Council [2013] EWHC 1378 (Ch); Hildron Finance Ltd v Sunley Holdings Ltd [2010] EWHC 1681 (Ch); Renewal Leeds Limited v Lowry Properties Limited [2010] EWHC 2902; Berkeley Group plc v Pullen [2007] EWHC 1330 (Ch); Micro Design Group Ltd v BDW Trading Ltd [2008] EWCA Civ 448; Johnson v Secretary of State for Communities and Local Government [2007] EWHC 1839 (Admin); Re Withinlee (2003) Lands Tribunal 11 Feb; Groveholt Ltd v Hughes [2005] EWCA Civ 897).
– Drafting for the common overage triggering events, and avoiding circumvention.
– Reducing the risk of negligence when drafting overage clauses – what lessons can be learned from reported cases?
– SDLT implications – deferring payment of tax.