Summary: The case of Avocet Industrial Estates LLP v Merol and another [2011] EWHC 3422 (Ch) is an important case for tenants and landlords. It highlights once again how strictly the Courts are measuring tenants’ compliance with pre-conditions for the effective exercise of break clauses in leases. Julian Johnstone, Head of Druces’ Property Litigation & Dispute Resolution team considers this harsh decision and its ramfications
Relevant to: Landlords and Tenants
Property Briefing Note Exercising Break Clauses Effectively Avocet v Merol (Jan 2012)