Business leases: rent arrears - insolvency and escrow
Business leases: rent arrears - insolvency and escrow
- 2005
- Commercial Leases 19(1) January 2005, 935-938(4) .
Discusses the case "Dyment v Boyden" ([2004] EWCA Civ 1586, Times 2 December 2004), regarding the delivery of a deed in escrow. An escrow is an instrument that is delivered so that it does not take effect as a deed until certain conditions are met. Only once the conditions are met will it become a deed. The case also raises a novel application of the Companies Act 1985 s151. Sets out the general legal principles in relation to case law.
DYMENT (AUDREY) V PATRICK BOYDEN (1) EVAN BISHOP(2) PAUL BISHOP(3)
RENT ARREARS
Insolvency
ESCROW
COMPANIES ACT 1985 S151
BELSEY V HALLWOOD ESTATES
SECURITY TRUST CO V ROYAL BANK OF CANADA
TERRAPIN INTERNATIONAL V IRC
ALAN ESTATES V W G STORES
ANSETT TRANSPORT V COMPTROLLER OF STAMPS
Discusses the case "Dyment v Boyden" ([2004] EWCA Civ 1586, Times 2 December 2004), regarding the delivery of a deed in escrow. An escrow is an instrument that is delivered so that it does not take effect as a deed until certain conditions are met. Only once the conditions are met will it become a deed. The case also raises a novel application of the Companies Act 1985 s151. Sets out the general legal principles in relation to case law.
DYMENT (AUDREY) V PATRICK BOYDEN (1) EVAN BISHOP(2) PAUL BISHOP(3)
RENT ARREARS
Insolvency
ESCROW
COMPANIES ACT 1985 S151
BELSEY V HALLWOOD ESTATES
SECURITY TRUST CO V ROYAL BANK OF CANADA
TERRAPIN INTERNATIONAL V IRC
ALAN ESTATES V W G STORES
ANSETT TRANSPORT V COMPTROLLER OF STAMPS