With land in short supply in our towns and cities, property developers and town planners are acutely aware of the need to construct high rise buildings – often on small, overlooked plots of land to make a development profitable.
Notwithstanding the struggle to secure development funding and all necessary planning consents which increases overall costs, developers are also being stung by claims that the construction of these high rise buildings are blocking out the natural light reaching neighbouring properties.
Given the on-going recession, tenants are increasingly looking to exercise break clauses in their leases to get out of occupying expensive premises. Understandably, landlords are making it increasingly difficult for tenants to exercise these rights knowing too well that it could take many months to get a new tenant for their premises, probably at much lower rents.
Outgoing employees are increasingly subject to employment terms restricting contact with their former clients. While companies accept employee turnover as par for the course, they generally take a dim view of leavers poaching their business.
Restrictions usually take the form of non-solicitation clauses and non-dealing clauses. Whether an employee is moving to a competitor or setting up on their own, these clauses provide a useful means for former employers to protect their interests.