Prior to demand for possession, no occupation rent may be charged against the mortgagor for that part of the mortgaged land which is in his occupation, nor may the mortgagee claim back rents1 or profits2 accrued due and received before his demand for possession. Back rents received by a sequestrator3 are in the custody of the law, and can be recovered from him by a mortgagee4. A receiver appointed by the mortgagee is entitled to receive the rents as agent of the mortgagor but is not entitled to the rent as against a superior landlord who is seeking commercial
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This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
Community order requirementsCommunity order requirements are set out in the Criminal Justice Act 2003 (CJA 2003), as amended by the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO 2012) and the Offender Rehabilitation Act 2014 (ORA 2014). Criminal Justice Act 2003, s 152(2)
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