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Has your solicitor or conveyancer failed...

Posted in Dispute Resolution on 28th Dec 2020
If you own a leasehold property or have done so in the past, it is likely you will be aware of the term ‘ground rent’. Ground rent is a charge from the freeholder and paid by the leaseholder for the duration of the lease. Ground rent terms can be escalating or fixed and therefore it is important to make sure you are familiar with the terms of your ground rent before you exchange contracts of sale. As well as potentially costing you a lot of money some ground rent clauses can be onerous which may cause problems in the future when attempting to sell...

Covid-19 and business interruption clauses:...

Posted in Dispute Resolution on 2nd Oct 2020
The eagerly anticipated judgment of The Financial Conduct Authority v Arch and Others was handed down by the High Court on 15 September 2020 bringing some helpful clarification to the meaning of Covid-19 in respect business insurance policies. Background to The Financial Conduct Authority v Arch and Others Following the outbreak of Covid-19, many UK business faced serious working limitations or mandatory closure in light of the government lockdown rules. On 5 March 2020, Covid-19 was confirmed to be a notifiable disease in England and Wales by...

The Basics Of Contracts: Breach And Remedy

Posted in Dispute Resolution on 19th Nov 2019
Breach and Remedy of Contracts In this series, James Spargo Litigation Executive (BA Hons, GCILEx) will look at the very basics of contracts. The Specters team are always happy to provide advice on all types of contracts. Often when we think of contracts, we think of lengthy documents in small print full of legal jargon. However, a contract can be as simple as exchanging money for a packet of mints in a corner shop. In such a case, you don’t even need to say anything to the shopkeeper, the mere fact of the exchange of goods for money is enough for...
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