Virtual assignments come of age (Record no. 82314)

MARC details
000 -LEADER
fixed length control field 01452cam a22002295a 4500
001 - CONTROL NUMBER
control field L149896
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 100512s2010 xxk 000 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u149896
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Cheffings, Nicholas
245 00 - TITLE STATEMENT
Title Virtual assignments come of age
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2010
490 ## - SERIES STATEMENT
Series statement Lovells Real Estate Quarterly
Volume/sequential designation Spring 2010, 3-4(2)
520 ## - SUMMARY, ETC.
Summary, etc. Virtual Assignments (VAs) are transfers of the economic burdens and benefits of a lease without any actual assignment of the underlying leasehold interest or any change in the occupancy of the premises. Generally landlords have accepted this new concept but it has recently been challenged in Clarence House Ltd v National Westminster Bank PLC, [2009] EWCA Civ 1311, CA (see E149610). The Court of Appeal held that the VA did not amount to a breach of covenants in the bank's lease and did not alter the underlying relationship between landlord and tenant. VAs will continue to serve the industry,helping tenants without damaging the interests of landlords.
590 ## - LOCAL NOTE (RLIN)
Local note KA
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element CLARENCE HOUSE LTD V NATIONAL WESTMINSTER BANK PLC
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element ABBEY NATIONAL PLC V CUSTOMS AND EXCISE COMMISSIONERS
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LAW OF DISTRESS AMENDMENT ACT 1908 S6
651 #4 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name England and Wales
Chronological subdivision 1543-
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-COMMERCIAL PROPERTY-LEASEHOLD COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT-COMMERCIAL LEASES-ASSIGNMENT OF COMMERCIAL LEASES
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 12/05/2010   L149896 149896-1001 06/08/2019 1 06/08/2019 Journal article