Corporate governance vs. leasehold management

I often talk about the different “hats” individuals wear.  This is because an individual can (and often does) have two roles; as lessee and also as a member of a management company. There are lots of examples of lessee owned and controlled companies; residents’ management companies in tripartite leases, right [...]

By |2021-06-27T22:55:33+01:0027 February 2021|Blogs, company matters, legal update|0 Comments

Section 303 Companies Act 2006: when is a resolution vexatious or ineffective

Managing agents will be familiar with the different “hats” that individuals wear, depending on whether those individuals are acting in their capacity as a member of a management company, or in their capacity as leaseholder. Those capacities are separate, and the rights that individuals have are different depending on whether [...]

By |2021-07-04T18:04:59+01:0016 January 2021|Blogs, company matters, legal update|0 Comments

Recovery of corporate expenses via service charge

It’s not uncommon for lessee owned and controlled management companies to seek to recover certain costs in relation to the administration of the company or other costs, such as directors’ and officers’ insurance, via the service charge. But are these costs always a service charge item?  And can they always [...]

By |2021-06-29T21:21:45+01:0012 January 2021|Blogs, company matters, service charges|0 Comments
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