The claimant sued its solicitors for failing to make application in time for a new tenancy. The solicitors said that the claimant, a company limited by guarantee, and not allowed to distribute any trading profit, was not protected under the 1954 Act.
Held: An inability to distribute its profits did not mean a company was not carrying on a business. In any event, as a body corporate under the 1954 Act, it needed only to show that it carried on an activity.
Judges:
Etherton J
Citations:
[2003] EWHC 3333, (2004) 25 EG 172
Statutes:
Jurisdiction:
England and Wales
Landlord and Tenant, Professional Negligence
Updated: 27 June 2022; Ref: scu.216551