Legal Challenges to the Merger Dismissed

The High Court has dismissed the legal charges over the merger of NLA and NFRL, and now the National Landlords Association is claiming a victory.
Last summer, the two organizations, National Landlords Association (NLA) and National Federation of Residential Landlords (NFRL) seemed to have agreed on the merger, but shortly after it was announced, 11 members from both organizations have started legal proceedings against the directors of both organizations.
One of the opponents to the merger was Mike Stimpson, who took the post of the President, Chair of Council and a Board member at NFRL. He claimed that NLA did not merge with NFRL but rather acquired it with all the records and files. He added that the so-called “merger” was carried out without proper voting and price paid by NLA.
Last week, on May 21st, His Honour Judge Pelling of the High Court said that there were no legal challenges to the merger and ordered Mike Stimpson and his followers pay the legal costs.
Prior to making the decision, the High Court ordered a ballout of the NRFL members asking their opinion about the merger; the results showed that the majority of the organization’s members were in favour of the move.
NLA Chairman, David Salusbury, said that he is happy that the legal proceedings are over and that his organization is still sincerely committed to helping all UK landlords. He added that those members of NRFL, who are still in doubts, are welcome to join NLA any time.
Mr. Salusbury said that the organization is now planning to totally focus its attention on the matters that UK landlords face, including the introduction of the new registration system.