Commercial Leases
Leases of hotel rooms – some legal complications – landlord insolvency – repurchase of lease – discretion to appoint administrators
Rowntree Ventures Ltd and another v Oak Property Partners Ltd and another [2016] EWHC 1523 (Ch)
This case raises some interesting issues arising from the marketing and sale of leases of hotel rooms, primarily for investment
purposes. The scheme appears to have failed and the question of remedies arose. We highlight the case in brief to raise awareness.