Watts was appointed by the tenant to respond to a terminal schedule of dilapidations by the landlord. Following an inspection of the building, Watts was able to provide the most appropriate strategy to limit the amount of the tenant's financial contribution. Armed with this information, the client met with the landlord and negotiated a settlement acceptable to both parties.
The client, a North American micro-electronics company, instructed Watts to respond to a terminal schedule of dilapidations served by the landlord close to a break option date that the tenant had chosen to invoke. The instruction covered an inspection of the building, preparation of a response and strategy for settlement with the landlord.