March Estates plc v Gunmark Ltd
Language: English Series: Estates Gazette ; 1996 32 EG 75-77(3)Publication details: 1996Subject(s): Summary: ChD 14 March 1996. A 25-year lease granted to G on 25 February 1977 contained no provision for releasing G from original tenant liabilities on assignment. In 1990 the lease was assigned to E under licence by M. E became insolvent and went into rent arrears. E applied for an administration order. A company voluntary arrangement was put to the creditors under the Insolvency Act 1986 s3 & 23. M did not attend but G did and voted. No reference was made to the lease in the arangement. G`s argument that the arrangement released it from its original tenant liability was rejected. M was entitled to pursue G for unpaid rent.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS55712 (Browse shelf(Opens below)) | 1 | Available | 18244-1001 |
ChD 14 March 1996. A 25-year lease granted to G on 25 February 1977 contained no provision for releasing G from original tenant liabilities on assignment. In 1990 the lease was assigned to E under licence by M. E became insolvent and went into rent arrears. E applied for an administration order. A company voluntary arrangement was put to the creditors under the Insolvency Act 1986 s3 & 23. M did not attend but G did and voted. No reference was made to the lease in the arangement. G`s argument that the arrangement released it from its original tenant liability was rejected. M was entitled to pursue G for unpaid rent.