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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: lease guarantors

Posted in Case Updates

Repeat guarantees back in the headlines

In the latest round of litigation on the vexatious issue of repeat guarantees, the Court of Appeal reached a sensible, commercial decision in Tindall Cobham 1 Limited v Adda Hotels [2014].  You will remember that repeat guarantees require the same guarantor to guarantee successive tenants. They were seen as a practical solution for both landlord

Posted in Case Updates

Guarantor pays nothing in DIY store case

The recent Court of Appeal case involving Topland Limited and Smiths News Trading Limited was a salutary lesson about the strict rules that protect guarantors and the perils of forgetting them.  The facts of the case were relatively simple:  Topland owned a commercial property, leased to the rather aptly named Payless DIY Ltd, which became