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Series: Estates Gazette ; (0218) 4 May 2002, 150(1)Publication details: 2002Subject(s): Summary: Discusses the case "Aubergine Enterprises Ltd v Lakewood International Ltd" on a buyer's right to rescind in absence of a formal licence to assign. It was decided that the buyer (A) had not been entitled to rescind its contract to purchase a lease from Lakewood (L) because of L's failure to obtain its landlord's formal licence to assign. It was held that a 'subject to licence' and 'in principle' consent were sufficient to satisfy standard conditions of sale.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3817-11 (Browse shelf(Opens below)) | 1 | Available | 117918-1001 |
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Discusses the case "Aubergine Enterprises Ltd v Lakewood International Ltd" on a buyer's right to rescind in absence of a formal licence to assign. It was decided that the buyer (A) had not been entitled to rescind its contract to purchase a lease from Lakewood (L) because of L's failure to obtain its landlord's formal licence to assign. It was held that a 'subject to licence' and 'in principle' consent were sufficient to satisfy standard conditions of sale.