Orpen Franks Solicitors
orpen franks solicitors

Recent review – Supreme court decision on lease

Category:Commercial News, General News 17 Nov 2014
Buildings in Dublin

A High Court ruling that a 1987 Lease between Ickendel and Bewleys allowed for a fall in rent has been overturned.

The Supreme Court on appeal has ruled that the rent review provisions in the 35 year lease were upward only. This means that the lease rent will never reduce, regardless of changing market rents.

Orpen Franks Solicitors

28 & 30 Burlington Road

Dublin 4

Ireland

Telephone:+353 1 637 6200

Facsimile:+353 1 637 6262

email:law@orpenfranks.ie

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