Drafting of commercial leasing is often thought of as simple and routine, when in reality it is complex and needs careful planning. Leasing usually involves long term arrangements and long term commitments in a rapidly changing market. The Commercial team has been involved with negotiating and drafting leases for landlords and for tenants and for providing a range of unique clauses depending on market conditions. One area of contention is around guarantees on leases and whether guarantees can be safely limited in some way so as to meet the objectives of both the landlord and the tenant.
The Commercial Team has also been involved with rent abatement where there has been a fire or a failure of major services being provided by the landlord, and has been involved with reinstatement disputes at the expiry of the lease term. The team includes a trained mediator and the senior solicitors have been involved with mediations and arbitrations on lease dispute resolution.
