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Legal and General Assurance Society Ltd v Expeditors International (UK) Ltd

Language: English Series: Estates Gazette ; [2006] 18 EG 151 (CS) (1)Publication details: 2006Subject(s): Summary: ChD, 28 April 2006. "Considers whether a break clause terminating commercial leases was effective because the tenant had not delivered up the premises with vacant possession. E had served break notices and subsequently reached a settlement with L, releasing E on payment of £172 000 from any further liabilities under the lease. E covenanted to keep the premises in no worse a state than they were at the date when a schedule of dilapidations had been produced. L claimed arrears of rent and service charges contending that the break clause was invalid as the premises were not with vacant possession. E argued that a full and final settlement had been reached earlier and the lease had been validly terminated. "Held": claim dismissed. The parties had agreed that the break clause notices had terminated the leases and the sum paid to L had been calculated on that basis. L could not resile from the agreed compromise. It was not necessary to determine whether vacant possession had been granted in the instant case.
Holdings
Item type Current library Call number Copy number Status Barcode
Law report London Journal article L133589 (Browse shelf(Opens below)) 1 Available 133589-1001

ChD, 28 April 2006. "Considers whether a break clause terminating commercial leases was effective because the tenant had not delivered up the premises with vacant possession. E had served break notices and subsequently reached a settlement with L, releasing E on payment of £172 000 from any further liabilities under the lease. E covenanted to keep the premises in no worse a state than they were at the date when a schedule of dilapidations had been produced. L claimed arrears of rent and service charges contending that the break clause was invalid as the premises were not with vacant possession. E argued that a full and final settlement had been reached earlier and the lease had been validly terminated. "Held": claim dismissed. The parties had agreed that the break clause notices had terminated the leases and the sum paid to L had been calculated on that basis. L could not resile from the agreed compromise. It was not necessary to determine whether vacant possession had been granted in the instant case.