000			01401cam a2200193 4500
001			ABS60806
008			000000n1999 000 0 eng u
035			_a(Sirsi) u101301
245			_aIn re Lomax Leisure Ltd.
260			_ac1999
490			_aEstates Gazette Law Reports _v(1999) 23 EG 143-151(9)
520			_aChD 22 April 1999. Lomax Leisure Ltd were granted a lease of a building which they were intending to convert to a nightclub. However, the cost of the works rose and the company faced a cash crisis. The petitioner, Lomax Car Parks Ltd petitioned for an administration order, and the landlord, RAT Holdings Ltd, purported to forfeit the lease by peaceable re-entry on the grounds of rents arrears and breaches of covenant. It was suggested on behalf of the petitioner that forfeiture of the lease was precluded by section 10(I)(b) of the Insolvency Act 1986. "Held" the petition was granted and a landlord could re-enter peaceably on premises demised to a tenant who was the subject of an administration order or a petition. Thus the landlord had forfeited the lease by re-entry. The administration order would be made, however the application for relief from forfeiture was postponed.
650			_aFORFEITURE
650			_aPEACEABLE RE-ENTRY
650			_aSECURED CREDITOR
650			_aADMINISTRATION
690			_aLANDLORD AND TENANT-CASE LAW-BUSINESS TENANCIES
942			_n0
999			_c60452 _d60452