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Aktuelle eAlerts

  •  
    11/04/2024
    Scotland

    Housing (Scotland) Bill: Rental Control and Enhanced Duties in Focus

    Introduction In an attempt to “establish a well-regulated rented sector that balances the needs of tenants and landlords”, the Scottish Government has introduced a new Housing (Scotland) Bill. The Bill proposes several key reforms to Scotland’s private rental sector, particularly concerning rent controls, tenants’ rights to keep pets and decorate their homes, and delayed evictions.In this Law-Now we consider some of the proposed reforms and the potential impact of these on investment into the private rental sector.  Rent ControlIf passed, the Bill will require...
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  •  
    10/04/2024
    United Kingdom

    Interplay of contractual and statutory break notices under the Electronic Communications Code

    Summary Actual service of a contractual break notice is not required for termination of agreements under the Electronic Communications Code.The CaseIn ON Tower UK Limited v British Telecommunications PLC [23 February 2024], BT operated a telephone exchange, on the roof of which ON Tower managed various mobile telephone installations. In 2021 BT granted ON Tower a lease of various properties including part of the roof of the exchange for a term ending in 2030, but with a contractual right for BT to end the lease early. ON Tower UK Limited is a Code operator meaning that it can potentially...
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  •  
    03/04/2024
    Ukraine

    Register of Damage for Ukraine is open for claims submission

    On 2 April 2024, the Register of Damage for Ukraine opened the claims submission process for compensation for damage, loss or injury caused by Russian aggression against Ukraine. The launch took place as part of the Ministerial Conference "Restoring Justice for Ukraine" co-hosted by the Netherlands, Ukraine and the European Commission at the World Forum in The Hague.As a reminder, the official website of the Register of Damage for Ukraine was launched on 4 March 2024. The website contains the following:documents governing the work of the Register;answers to frequently asked questions on the Register’s...
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  •  
    28/03/2024
    England and Wales

    Margin of error crucial in defeating negligence claim against valuer

    A recent High Court judgment demonstrates the vital importance of the margin of error in claims against valuers, and the need to focus on the valuation result rather than the process.In Bratt v Jones, a landowner claimed against an independent expert valuer regarding the valuation of development land for the purposes of an option agreement. The court dismissed the claim, finding that the valuer's assessment of £4.075m, while lower than the "correct" value of £4.747m determined by the judge, still fell within the permissible 10-15% margin of error for a non-negligent valuation.The judge...
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  •  
    25/03/2024
    United Kingdom

    The Register of Persons Holding a Controlled Interest in Land: 1 Week to Go

    From 1 April 2024 those who are subject to, but have failed to comply with, duties imposed by the Land Reform Scotland (Scotland) Act 2016 (Register of Persons Holding a Controlled Interest in Land) Regulations 2021 (the Regulations) could face criminal sanctions. Where a requirement to register in the Register of Persons Holding a Controlled Interest in Land (the RCI) arises but is not complied with, the offending party will be at risk of facing financial penalties of up to £5,000. Criminal sanctions were previously due to be imposed from 1 April 2023, but this was delayed following the...
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  •  
    22/03/2024
    Ungarn

    Hungary establishes categorisation of investment funds and introduces new investment rules

    According to the decree, there will now be four main types of funds based on their primary asset categories: securities funds, real estate funds, venture capital funds and mixed funds. In addition, there will be a total of fourteen categories of investment funds within the four types. These categories are already known in the market and some of the categories are regulated in the existing decree.The new decree provides for separate asset composition and asset ratio rules for each investment fund category. For instance, bond funds must invest at least 55% of their assets in credit instruments, equity...
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