000 01277cam a2200241 4500
001 ABS65054
008 020208n2002 000 0 eng u
035 _a(Sirsi) u116667
100 _aBriggs, L
245 _aGoing for broke
260 _c2002
490 _aSolicitors' Journal
_v145(47) 14 December 2001, 1164(1)
520 _aDiscusses the implications of immediate landlord insolvency, where the landlord is also a tenant. Should this landlord become insolvent, it could be grounds for their landlord to forfeit the intermediate lease. Subtenants can ask a court to grant a new lease to replace the one destroyed by the forfeiture, called seeking relief, but the court has discretion over whether to grant a lease or how long the lease will be and will consider each case on its individual merits. Describes the steps a firm can take to protect itself before taking sub-let space. Should a court not grant a lease, a subtenant could seek restitution, a new area of law, from the superior landlord.
590 _aABS
650 _aSUBTENANTS
650 _aSUBLEASES
650 _aFORFEITURE OF LEASE
650 _aRESTITUTION
650 _aRELIEF FROM FORFEITURE
690 _aLANDLORD AND TENANT-BUSINESS TENANCIES
700 _aWickham, R
942 _n0
999 _c69479
_d69479