Kwik-Fit Suffers Break (Clause) Failure

Kwik-Fit Suffers Break (Clause) Failure

This County Court lease renewal case under Part 2 of the Landlord and Tenant Act 1954 (“LTA 1954”) relates to the tenant’s attempt to include a break clause in a renewal lease and is a notable application of the Court’s approach to determining renewal lease terms set out in the leading case of O'May v City of London Real Property Co Ltd [1983] AC 726 (“O’May”).  

Laytons ETL’s Capital Markets team advises Tungsten West Plc on fundraising

Laytons ETL’s Capital Markets team advises Tungsten West Plc on fundraising

Laytons ETL’s Capital Markets team advised Tungsten West Plc (the Company), the mining company focused on restarting production at the Hemerdon tungsten and tin mine in Devon U.K., on fundraising by way of adding an additional tranche F to its existing 2023 Convertible Loan Notes (CLN).