Welcome to the December edition of the Farrer & Co Commercial Property department newsletter, looking at matters affecting the world of property development.
Of course, the matter which will be affecting us all shortly is the pre-Christmas rush, be it a rush to finish a final deal, a rush to Oxford Street for that forgotten present or simply to make it to the pub before everyone else does.
We have therefore sought to ensure that this edition reaches you nice and early. We have a miscellany of articles, including how the law relating to liquidated damages has evolved, a look at the ownership of street art, a review of the Energy Savings Opportunity Scheme and a summary of the Modern Slavery Act 2015. Finally, your editor has been a long-time supporter of the construction courts as the ultimate resolution procedure for disputes in development and construction contracts. However, the costs incurred in court proceedings are now such that it may be time to look again; we review therefore the new RICS Arbitration Service.
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If you require further information on anything covered in this briefing please contact Clive Lovatt (email@example.com; 020 3375 7223), or your usual contact at the firm on 020 3375 7000. Further information can also be found on the Property page on our website.
This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.
© Farrer & Co LLP, December 2015
Commercial Property Newsletter - Spotlight on Development December 2015.pdf254kB