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What does "consent not to be unreasonably withheld" mean in a commercial agreement?

  • A&L Goodbody
  • -
  • Ireland, United Kingdom
  • -
  • February 7 2012

The UK High Court in Porton Capital Technology Funds v 3M UK Holdings Ltd & 3M Company 2011 EWHC 2895 (Comm) recently considered the meaning of the phrase "which shall not be unreasonably withheld" in the context of a requirement to obtain a party's consent in a Share Purchase Agreement (SPA

Lender claims: solicitor or valuer negligence

  • A&L Goodbody
  • -
  • Ireland, United Kingdom
  • -
  • November 15 2010

With the recession showing no signs of abating, and property prices remaining static, recent trends in the Northern Ireland Courts are now beginning to clearly show an influx of claims by financial institutions who are seeking to recoup lost value arising out of disastrous property transactions

Adverse possession squatters' rights

  • LK Shields
  • -
  • Ireland, United Kingdom
  • -
  • October 16 2008

The doctrine of adverse possession sounds like an arcane piece of legal jargon, but call it 'squatter's rights' and you know exactly how important it can be - just ask broadcaster Pat Kenny and his neighbour

When is a rescission not a breach? The court of appeal clarifies the test for repudiatory breach in Eminence Property Developments Ltd v Heaney

  • A&L Goodbody
  • -
  • Ireland, United Kingdom
  • -
  • December 21 2010

A repudiatory breach occurs where one party makes clear his intention no longer to perform his side of the bargain

Loan portfolios

  • William Fry
  • -
  • Ireland, United Kingdom
  • -
  • November 21 2012

It is reported that US private equity business Blackstone has agreed a £536 million refinancing of Coroin Ltd, the company that owns three luxury hotels (London’s Claridge's, the Berkeley and the Connaught), at the centre of a legal battle between property developer Patrick McKillen and billionaire Barclay brothers David and Frederick