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News - August 2009
Foxtons terms unfair to Landlords
The High Co
urt has ruled that some of the terms and conditions used by Foxtons Ltd in its letting agreements with landlords are unfair.
In giving his judgment, Mr Justice Mann said some of the clauses represented a time bomb for landlords
.
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Tenant’s notice to exercise break clause was not valid
Two companies belonging to the same group have failed to exercise their right to break a commercial lease because only one of them served notice on the landlord.
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Damages from director who set up rival firm
The difficulties that can arise when directors are involved with different companies at the same time was illustrated in a recent case before the Court of Appeal.
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College not bound by 70 year old restrictive covenant
A court has ruled that a college was not bound by a 70-year-old covenant which would prevent it from building on some of its land.
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Directors breached their duties when buying property
The difficulties that can arise when directors are involved with different companies at the same time was illustrated in a recent case before the Court of Appeal.
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More firms taking legal action to recover debts
Uk companies are stepping up their approach to deal with bad debts according to a new survey buy business information provider, Creditsafe.
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