The High Court has ordered a quick trial of international executive search firm Korn/Ferry’s bid to break the lease on its
It is asking the High Court to rule on what it needs to do in order to comply with a break clause in its lease. It says that if it fails to break the lease by 26 December, it will continue until 2015.
At a preliminary hearing, lawyers for Korn/Ferry claimed that a failure to break the lease could incur rent, rates and service charges exceeding £15m.
Allowing the application for a speedy trial, which was not opposed by Korn/Ferry’s landlord, Floyd J said that since the matter concerned merely the construction of the lease and would take only one day to decide, the disruption caused to other litigants would be relatively minor.
