Brown & Root Technology and another v Sun Alliance and London Assurance Co Ltd
Brown & Root Technology and another v Sun Alliance and London Assurance Co Ltd
- 1995
- Weekly Law Reports (1995) 3 WLR 558-572(15) .
ChD 16 June 1995. The first plaintiff (A) was a partly-owned subsidiary of the second plaintiff (B) when a 25-year lease was granted for premises by the defendant (S). The lease was registered at the Land Registry. Four years later A became a wholly-owned subsidiary of B, and upon request S granted a licence to assign the lease to A. This assignment was not registered with the Land Registry - thus, under the Land Registry Act 1925 the leasehold interest remained with B. When A served notice to terminate the lease S refused its acceptance. Held, refusing that notice was valid under, the 1925 Act provisions.
ASSIGNMENT
BREAK CLAUSES
BROWN AND ROOT TECHNOLOGY LTD AND ANOTHER V SUN ALLIANCE AND LONDON ASSURANCE CO LTD
LAND REGISTRATION ACT 1925 S22(1)
LEASE TRANSFER
LEASES
REGISTERED LAND
TERMINATION OF LEASE
UNDERLETTING
ChD 16 June 1995. The first plaintiff (A) was a partly-owned subsidiary of the second plaintiff (B) when a 25-year lease was granted for premises by the defendant (S). The lease was registered at the Land Registry. Four years later A became a wholly-owned subsidiary of B, and upon request S granted a licence to assign the lease to A. This assignment was not registered with the Land Registry - thus, under the Land Registry Act 1925 the leasehold interest remained with B. When A served notice to terminate the lease S refused its acceptance. Held, refusing that notice was valid under, the 1925 Act provisions.
ASSIGNMENT
BREAK CLAUSES
BROWN AND ROOT TECHNOLOGY LTD AND ANOTHER V SUN ALLIANCE AND LONDON ASSURANCE CO LTD
LAND REGISTRATION ACT 1925 S22(1)
LEASE TRANSFER
LEASES
REGISTERED LAND
TERMINATION OF LEASE
UNDERLETTING