My colleague Matthew McCarthy from the firm McCarthy Lawyers has pointed out that the May 2021 revision of the LIV standard lease seeks to fix the problems discussed in my previous post here. Clause 12.2 of the new revision states that: 12.2     The lease for a further term: … 12.2.2. has a starting rent determined in accordance with […]

There is a construction issue that keeps coming up in retail and commercial leasing cases about whether a market rent review is required at the commencement of a new term in the standard LIV copyright lease when the Schedule says there are no market reviews.  Different versions of the same issue keep cropping in different version […]