Real Estate Lenders and Developers: Beware of IP infringement for architectural drawings and copycat build projects
The recent High Court decision in Signature Realty Ltd v Fortis Developments Ltd  EWHC 3583 (Ch), focused on the IP rights and commercial value that exists in the architectural drawings for buildings.
Series: Any Relief for Mortgagees on the Issue of Lease Forfeiture? Part 1: Forfeiture for Breach of Covenant & Mortgagee Protection Provisions
Ask a lender to name their top three red flag issues when it comes to commercial property due diligence and, more likely than not, "lease forfeiture clauses" will feature in that list.
Hedging ties to be relaxed? The Financial Conduct Authority ("FCA") has recently made proposals to ban the use of restrictive contractual clauses in investment and corporate banking engagement letters and contracts where these clauses cover future corporate finance services.
In comparing the UK housing market for older people to that operated in Australia, New Zealand and the United States of America, one thing that is apparent is the extent to which the latter jurisdictions have developed the concept of retirement communities as against the UK.