Brown & Root Technology Ltd and another v Sun Alliance & London Assurance Co Ltd
Language: English Series: Estates Gazette ; [1997] 18 EG 123-126(4)Publication details: 1997Subject(s): Summary: CA 19 December 1996. S granted B a lease of business premises for 25 years subject to 5 year reviews. Lease contained a break clause allowing B to determine lease at end of seventh year of term. In 1993 B became an owned subsidiary of second appellants (X) and B`s business assets were transferred to second appellant. B gave up possession of premises and X commenced paying rent to S. B then served notice under break clause. Court below held lease had been assigned and that break clause could not be implemented. B and X appealed. Appeal allowed.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS57010 (Browse shelf(Opens below)) | 1 | Available | 78268-1001 |
CA 19 December 1996. S granted B a lease of business premises for 25 years subject to 5 year reviews. Lease contained a break clause allowing B to determine lease at end of seventh year of term. In 1993 B became an owned subsidiary of second appellants (X) and B`s business assets were transferred to second appellant. B gave up possession of premises and X commenced paying rent to S. B then served notice under break clause. Court below held lease had been assigned and that break clause could not be implemented. B and X appealed. Appeal allowed.