Legal News

Onerous rent concession letters – landlords beware (Vivienne Westwood v Conduit Street)

Onerous rent concession letters – landlords beware (Vivienne Westwood v Conduit Street)
Published on: 07 March 2017
Published by: LexisPSL
  • Onerous rent concession letters – landlords beware (Vivienne Westwood v Conduit Street)
  • Original news
  • What are the practical implications of this case?
  • What did the court decide?
  • Was the threshold test satisfied?
  • Did the landlord have a legitimate interest in performance of the primary obligation?
  • Was the secondary obligation exorbitant or unconscionable compared with the loss likely to flow from the breach?
  • Case details

Article summary

Property analysis: The termination provisions in a rent concession letter were unenforceable as a penalty. This meant that the rent remained capped at £125,000, despite the fact that the open market rent had been agreed at £232,500. or take a trial to read the full analysis.

Popular documents