000			01603cab a2200265 4500
001			ABS57328
008			090401t1997 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u79629
041			_aeng
245			_aMichaels and another v Harley House (Marylebone) Ltd
260			_c1997
350			_a0
490			_aWeekly Law Reports _v[1997] 1 WLR 967-991(24)
520			_aChD 3 March 1997. Company T owned the freehold on a block of flats when in 1993 company F offered to buy the building. To avoid the tenants acquiring statutory rights to acquire the reversion a scheme was devised where the freehold would be transfered to the defendant H, a subsidiary of T that was formed for the purpose. T entered into a property sale agreement with F and enabling completion, to advance a sum on the terms of loan notes. On the same date T entered into a share sale agreement to sell shares in H and the loan notes to F. Whilst the property transfer was dated 25 March, the share and loan note transfer, which essentially had to take effect before the property transfer, were mistakenly dated 24 March. In October 1996 tenants M sought information on the transfer and a declaration that it involved a `relevant disposal`. Action dismissed.
650			_aCOMPLETION
650			_aDISPOSAL
650			_aLEASEHOLD ENFRANCHISEMENT
650			_aMICHAELS AND ANOTHER V HARLEY HOUSE (MARYLEBONE) LTD
650			_aPROPERTY TRANSFER
650			_aRELEVANT DISPOSAL
650			_aTRANSFER OF SHARES
690			_aLANDLORD AND TENANT-CASE LAW-RESIDENTIAL TENANCIES
942			_n0
948			_c15/07/1997
999			_c50077 _d50077