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Re London Bridge Entertainment Partners LLP (in Administration) [2018] EWHC 3200 (Ch)

Gary Cowen appeared along with Nigel Dougherty of Erskine Chambers on the trial of preliminary issues concerning the construction of a clause in a rent deposit deed which provided for the landlord to be entitled to recover proper losses incidental to and consequent upon a forfeiture of the lease. The landlord claimed to be entitled to recover sums representing an unlimited period for marketing the property following the forfeiture together with a sum equivalent to any rent free period which would be granted to an incoming tenant. Gary Cowen, appearing for the administrators of the tenant company, successfully argued that on the true construction of the rent deposit deed, the landlord should not be entitled to recover sums representing an unlimited marketing period and should not recover any sum equivalent to the rent free period to be granted.

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