Image from Google Jackets

PGF II S.A, PGF II (LIME) S.A v Royal & Sun Alliance Insurance Plc, London & Edinburgh Insurance Company Limited [electronic resource]

Language: English Publication details: 2010Subject(s): Online resources: Summary: [2010] EWHC 1459 (TCC), 13 July 2010. Concerns the recovery of repair costs and consequential losses by the landlord of an office block left in disrepair. Claimant P was the landlord of an office block, of which the defendant outgoing tenants were R and L. P spent £5m on refurbishment after expiry of the lease. P sought to reclaim £4m and interest from the defendants by way of damages for dilapidations and failure to reinstate. "Held": in favour of claimant P but the amount P can now recover is less than its costs. Dilapidations claims have to be reasonable: replacing the cladding rather than repairing it was not reasonable.
Holdings
Item type Current library Call number Copy number Status Barcode
Law report Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 154648-2001

[2010] EWHC 1459 (TCC), 13 July 2010. Concerns the recovery of repair costs and consequential losses by the landlord of an office block left in disrepair. Claimant P was the landlord of an office block, of which the defendant outgoing tenants were R and L. P spent £5m on refurbishment after expiry of the lease. P sought to reclaim £4m and interest from the defendants by way of damages for dilapidations and failure to reinstate. "Held": in favour of claimant P but the amount P can now recover is less than its costs. Dilapidations claims have to be reasonable: replacing the cladding rather than repairing it was not reasonable.