Landlords' consents and penalties: when can they giveth and taketh away, or try to

May’s seminar will be presented by Philip Rainey QC and Harriet Holmes and will be delivered in two parts.

The first will examine landlord’s consent and refusals of consent.  It will cover: seeking consent; dealing with the application; and when consent may be refused.  It will also consider when consent may be granted inadvertently.

The second part is about penalty clauses.  The Supreme Court’s decision in Cavendish Square Holding v Makdessi [2015] UKSC 67 has recently been considered in the case of Vivienne Westwood Ltd v Conduit Street Development Ltd [2017] EWHC 350 (Ch), a case in which the well-known fashion designer’s landlord sought to enforce a termination for breach provision within a side letter entered into upon the grant of the lease.  The effect of that provision was that the tenant would be liable for a higher rent, both prospectively and retrospectively.  

What is a penalty clause?  What (if anything) has changed following the Westwood case?  Do landlords need to re-consider their ‘side letters’ in light of that decision?  These and more are the matters that will be examined.

Date and Timings

Wednesday 17th May 2017

  • Registration from 14:00
  • Topic one: landlord’s consent and refusals of consent: 14:30
  • Tea/Coffee Break: 15:30
  • Topic two: penalty clauses: 16:00
  • Networking drinks: 17:00 - 19:00

Cost

£50 + VAT

Place

De Vere Holborn Bars - Dickens Room
138-142 Holborn
London
EC1N 2NQ