CPI Update 204 - May 2021

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For subscribers, the May 2021 issue of the CPI Update appears attached below, and deals with the following cases:

  • A landlord’s break clause in a long lease - Wigan BC v Scullindale Global Ltd.
  • Recent case law on recovery of COVID-19 rent arrears - Commerz Real Investmentgesellschaft mbh v TFS Stores Ltd/Bank of New York Mellon (International) Ltd v Cine-UK Ltd.
  • Terminating an agreement for lease - Reaction Engines Ltd v BNP Paribas Depositary Services (Jersey).
  • Promptitude in seeking relief from forfeiture - Keshwala & Anor v Bhalsod & Anor.
  • Transitional adverse possession rules - Haandrikman v Heslam.
  • Consent to build under restrictive covenants - Savage v 60 Kent Road (Maintenance) Ltd.
  • Escheat when foreign companies dissolve - Lizzium Ltd v The Crown Estate Commissioners.
  • Rights of reverter under the School Sites Act 1841 - Rittson-Thomas and others v Oxfordshire County Council.

There is also consideration of:

  • Amendments to the Code of Practice on commercial rents during COVID-19.
  • A call for evidence on commercial rents related to the COVID-19 crisis.
  • Land transaction tax amendments for non-residential leases.
  • Residential development – a new property developer tax.
  • Rent suspension clauses in leases.

Published on 3 May 2021.