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Scottish Widows Fund and Life Assurance Company v BGC International (formerly Cantor Fitzgerald International)

Language: English Publication details: 2012Subject(s): Online resources: Summary: [2012] EWCA Civ 607, 9 May 2012. Overturns a judgment allowing a sublease to be rewritten to give effect to what the judge thought the parties really intended. Respondent S sublet premises in London's Docklands to appellant B agreeing to subsidise the difference between the market rent and its rent liability for a period. The sublease led to a shortfall in the rent payable to B. S contended that there was a mistake in the sublease draft. "Held": appeal allowed. CA rejected S's rectification claim and found S liable for the shortfall.
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Item type Current library Call number Copy number Status Barcode
Law report Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 156846-2001

[2012] EWCA Civ 607, 9 May 2012. Overturns a judgment allowing a sublease to be rewritten to give effect to what the judge thought the parties really intended. Respondent S sublet premises in London's Docklands to appellant B agreeing to subsidise the difference between the market rent and its rent liability for a period. The sublease led to a shortfall in the rent payable to B. S contended that there was a mistake in the sublease draft. "Held": appeal allowed. CA rejected S's rectification claim and found S liable for the shortfall.