000 01853cab a2200229 4500
001 ##ABS36858
008 090401t1986 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u700
041 0 _aeng
245 0 0 _aShield Properties and Investments Ltd v Anglo Overseas Transport Co Ltd (No 2)
260 _c1986
300 _aSee Abstracts 34132, 32549
350 _a0
490 0 _aEstates Gazette
_v279(6301) 13 September 1986, 1088-1092(2)
520 _aChD 29 April 1986. The issue concerned the landlords' claim to interest following a revised rent award by an arbitrator. Originally,the arbitrator determined a review rent of £251 000 pa, as compared to a rent of £50 000 under the lease conditions. This was challenged by the tenants and remitted to the arbitrator for further consideration. The arbitrator revised the rent to £221 000. In these proceedings the landlords claimed interest on the shortfall from the date of review. The judge, in reaching his decision, referred to "South Tottenham Land Securities Ltd v R and A Millett (Shops) Ltd" (CA, [1984] 1 WLR 710) from which it was clear that the amended increase in rent was not payable until the quarter day following the date of the revised award, and the shortfall in rent was paid on that date. The landlords' claim to interest on the shortfall from the review date and quarter day must fail because no provision was made in the lease for such interest. Landlords' claim dismissed.
650 2 4 _aSHIELD PROPERTIES AND INVESTMENTS LTD V ANGLO OVERSEAS TRANSPORT CO LTD
650 2 4 _aSOUTH TOTTENHAM LAND SECURITIES LTD V R AND A MILLETT (SHOPS) LTD
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-COMMERCIAL PROPERTY-LEASEHOLD COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT-COMMERCIAL LEASES-RENT REVIEW (COMMERCIAL LEASES)
942 _n0
948 _c04/03/1997
999 _c360
_d360