GT London Law Blog

GT London Law Blog

Legal Advisers for a Changing World

Category Archives: Real Estate

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Greenberg Traurig Advises On Hotel Deal Valued At Approximately £858 Million

Posted in Corporate, M&A, Real Estate
LONDON – 6 August 2018 – A multidisciplinary London-based team at global law firm Greenberg Traurig, LLP advised InterContinental Hotels Group plc on its arrangements with French real estate investor Covivio (formerly Foncière des Régions) to rebrand and operate 12 high-quality open hotels and one pipeline hotel in the UK following the acquisition of the… Continue Reading

Another Major Step for Greenberg Traurig’s Already Strong European Real Estate Sector: Danielle Martin to Join in London as Shareholder

Posted in New Hire, Real Estate
Greenberg Traurig is pleased to confirm that Danielle Martin has announced she will leave Reed Smith to join us as a shareholder in London, adding to the momentum since the six-partner KWM group joined us there last week. Dani focuses her practice on complex transactions in the private equity real estate sector and is set… Continue Reading

Subtenants position following disclaimer of head lease

Posted in Real Estate
A liquidator of a tenant is entitled to disclaim onerous property (including leases). This terminates the rights and liabilities of the tenant under the head lease. Any person with an interest in a disclaimed lease can apply for the lease to be vested in them within three months from the disclaimer. A head landlord can… Continue Reading

Releasing Lease Guarantees by Mistake

Posted in Real Estate
Written by Andrew Edwards The recent decision in Topland Portfolio No. 1 Ltd v Smiths News Trading Ltd acts as a reminder to landlords of just how easy it is to inadvertently release a guarantor from its obligations under a lease. Facts In Topland there was a guarantor for the tenant’s obligations. The lease contained… Continue Reading