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No damages 4u: termination and claims for future loss of bargain

In Phones 4u Ltd (In Administration) v EE Ltd (2018), the High Court struck out EE's claim for £200 million in damages because of the wording of a letter terminating its distribution arrangements with Phones 4u. The letter was effective in terminating the relevant contract only in exercise of EE's right under a contractual provision allowing termination for insolvency - and not for alleged repudiatory breach by Phones 4u under common law.

Travers Smith advises Office Space in Town on the sale of two property joint ventures to RDI REIT plc

Travers Smith LLP has advised long-standing client Office Space in Town ("OSIT") and two global real estate investors, Forum Partners and the Kailong Group, on the sale of an 80% interest in two property joint ventures to RDI (formally ReDefine International), the FTSE 250 income focused UK Real Estate Investment Trust. OSiT will continue to own the remaining 20% interest. 

Terms of a termination letter defeat claim for loss of bargain damages

In Phones 4U Ltd (In Administration) –v- EE Ltd [2018] EWHC 49 (Comm), the High Court ruled that EE's counterclaim for damages for loss of bargain had no real prospect of success on the basis that the terms of a termination letter sent by EE were effective in terminating the relevant contract only in exercise of its right under a contractual provision and not in the acceptance of an alleged repudiatory breach by Phones 4U under common law.

The yellow brick road to ware-housing everywhere

The Government and the Mayor of London have been at their most creative in finding space for new housing, both within and outside London. Some of the emerging policies and strategies certainly offer effective potential for increasing housing, but are not without their problems.

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