Ocean Accident & Guarantee Corporation v Next plc; Commercial Union Assurance Co plc v Next plc

Ocean Accident & Guarantee Corporation v Next plc; Commercial Union Assurance Co plc v Next plc - 1996 - Estates Gazette (1996) 33 EG 91-95(5) .

ChD 23 November 1995. Applications for leave to appeal againstst arbitrators` awards under Arbitration Act 1979 s1(3)(b). Tenant N sought extension of time for appeal. Raised issue of whether tenants fixture and fittings should be taken into account when preparing rent reviews containing standard to a mumber of leases between the parties and associated companies. Held that tenant`s fixure and fittings were not be be rentalised. Extension of time application allowed.


ARBITRATION ACT 1979 S1(3)(B)
DISREGARDS
FIXTURE AND FITTINGS
RENT REVIEWS
RENTALISATION
TENANTS IMPROVEMENTS
TRADE FIXTURES