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Milverton Group Ltd v Warner World Ltd

Language: English Series: Estates Gazette ; 1995 32 EG 70-73(4)Publication details: 1995Subject(s): Summary: CA 6 May 1994. Confirmed that payment by sureties in consideration of release of liability discharged liability of original tenant for arrears of debt. Held that out of the £50,348 paid by the sureties paid by DB and JW, £19,500 was regarded as rent for Michaelmas quarter day 1991 whilst the outstanding balance could be set off against the total sum payable to the landlord for rent and breach of other covenants in the lease and appropriated by landlord when required. Appeal and cross-appeal dismissed.
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Law report London Journal article ABS53451 (Browse shelf(Opens below)) 1 Available 4294-1001

CA 6 May 1994. Confirmed that payment by sureties in consideration of release of liability discharged liability of original tenant for arrears of debt. Held that out of the £50,348 paid by the sureties paid by DB and JW, £19,500 was regarded as rent for Michaelmas quarter day 1991 whilst the outstanding balance could be set off against the total sum payable to the landlord for rent and breach of other covenants in the lease and appropriated by landlord when required. Appeal and cross-appeal dismissed.