Thomas Pearson, an associate and head of DTM’s commercial Property team is acting for the vendors on the sale of 4 lots at Auction on 16th September 2009.
Three of the lots are being sold by Strutt & Parker and Wright Manley at the Swan Hotel, Tarporley and consist of 79acres of fertile pasture and arable land (to be split into three separate lots; 18.35 acres, 30.69 acres and 30.26 acres) on the Peckforton Estate.
Sales particulars for all lots can be obtained from the agents and auction packs will be available to inspect at DTM’s offices, Archway House and at the agents during normal office hours in the 14 days prior to the auction.
DTM legal have experience in acting on both selling and buying land at auction and can provide you with advice throughout this process, so if you are thinking of selling or buying land at auction and require legal assistance please contact Thomas Pearson.
Thursday, 13 August 2009
Auction Sale - Agricultural land in Cumbria – Orton Village Hall, Wednesday 9th September at 6.30pm
DTM Legal are acting on the sale of 3 lots of agricultural land being sold at auction next month by Michael CL Hodgson in Cumbria.
Thomas Pearson, an associate and head of DTM’s commercial Property team is acting for the vendors on the sale.
The lot details on which DTM are acting are as follows:
· Large paddock (4.79 acres)
· Small paddock (1.50 acres)
· Sheep dip (13.39 acres)
Sales particulars for all lots can be obtained from the agents and auction packs will be available to inspect at DTM’s offices, Archway House and at the agents during normal office hours in the 14 days prior to the auction.
DTM legal have experience in acting on both selling and buying land at auction and can provide you with advice throughout this process, so if you are thinking of selling or buying land at auction and require legal assistance please contact Thomas Pearson.
Thomas Pearson, an associate and head of DTM’s commercial Property team is acting for the vendors on the sale.
The lot details on which DTM are acting are as follows:
· Large paddock (4.79 acres)
· Small paddock (1.50 acres)
· Sheep dip (13.39 acres)
Sales particulars for all lots can be obtained from the agents and auction packs will be available to inspect at DTM’s offices, Archway House and at the agents during normal office hours in the 14 days prior to the auction.
DTM legal have experience in acting on both selling and buying land at auction and can provide you with advice throughout this process, so if you are thinking of selling or buying land at auction and require legal assistance please contact Thomas Pearson.
Tuesday, 11 August 2009
Commercial Tenancies: Rent Arrears and Forfeiture
In the current economic climate, relationships between commercial landlords and their tenants are becoming ever more strained.
On the one hand, a commercial landlord will want to receive a steady income stream from their tenanted property, and will want to ensure that there is a tenant within the property to discharge the commercial rates at the very least.
On the other hand, whilst commercial landlords are often keen to ensure that the rent and rates are paid, in the current period of recession, many tenants simply cannot afford to pay full rent.
Many commercial landlords are now seeking to recover rent arrears from their tenants, or, in more serious cases, landlords are seeking to ‘forfeit’ (or end) tenancies early due to non payment of rent arrears.
If a landlord wishes to forfeit a lease, it is essential that the landlord does not inadvertently ‘waive’ their right to forfeit a lease. A landlord can waive the right to forfeit a lease by their actions, and waiver can occur as a result of something as simple as the landlord asking the tenant for rent.
At DTM Legal, Raury Mason specialises in advising commercial landlords (and tenants) on chasing rent arrears through the Courts, and forfeiture of leases.
Raury says: “It is essential that landlords are advised of all of their options in respect of pursuing rent arrears and forfeiture. In particular, landlords need to be advised about how their behaviour can preclude forfeiture.”
Raury is available to discuss your landlord and tenant dispute on 01244 354 803.
For solicitors in Chester
http://www.dtmlegal.com
Specialists in commercial law in Chester:
Commercial
Business Recovery
Corporate
Employment
Litigation
Property
On the one hand, a commercial landlord will want to receive a steady income stream from their tenanted property, and will want to ensure that there is a tenant within the property to discharge the commercial rates at the very least.
On the other hand, whilst commercial landlords are often keen to ensure that the rent and rates are paid, in the current period of recession, many tenants simply cannot afford to pay full rent.
Many commercial landlords are now seeking to recover rent arrears from their tenants, or, in more serious cases, landlords are seeking to ‘forfeit’ (or end) tenancies early due to non payment of rent arrears.
If a landlord wishes to forfeit a lease, it is essential that the landlord does not inadvertently ‘waive’ their right to forfeit a lease. A landlord can waive the right to forfeit a lease by their actions, and waiver can occur as a result of something as simple as the landlord asking the tenant for rent.
At DTM Legal, Raury Mason specialises in advising commercial landlords (and tenants) on chasing rent arrears through the Courts, and forfeiture of leases.
Raury says: “It is essential that landlords are advised of all of their options in respect of pursuing rent arrears and forfeiture. In particular, landlords need to be advised about how their behaviour can preclude forfeiture.”
Raury is available to discuss your landlord and tenant dispute on 01244 354 803.
For solicitors in Chester
http://www.dtmlegal.com
Specialists in commercial law in Chester:
Commercial
Business Recovery
Corporate
Employment
Litigation
Property
Friday, 7 August 2009
Getting into the Rat Race
Tom Sutcliffe, an Associate from our corporate team, recently completed the Edinburgh Rat Race. Racing as a pair along with Nick Grantham of SmartFitness (see Nick’s blog for a more comprehensive commentary http://nickgrantham.blogspot.com ), they completed 2.5 hrs of running-based orienteering on the Saturday evening, followed by 8 hours of mountain bike orienteering on the Sunday. Each event consisted of planning a route around the city of Edinburgh (and its suburbs) with the objective of reaching as many checkpoints as possible within the allotted time. Sounds easy?, well each checkpoint came with a different physical or mental challenge ranging from cycling down the infamous Warrister Steps to completing a Dragons Den presentation with 2 minutes of preparation time!
Tom and Nick finally completed the 2-day marathon event at 5pm on Sunday, finishing 30th out of 120 teams. Not bad for a first attempt but both have resolved to return next year to challenge the top 10!
Tom and Nick finally completed the 2-day marathon event at 5pm on Sunday, finishing 30th out of 120 teams. Not bad for a first attempt but both have resolved to return next year to challenge the top 10!
Mergers & Acquisitions in the Care Sector
Transactions in the care sector have their own idiosyncrasies which make them slightly different to mergers & acquisitions in other sectors making it essential that the parties involved in such transactions appoint solicitors with the relevant experience. As well as some specific legal issues which commonly arise when dealing in this sector there are also relationships (both contractual and, often, personal) with local authorities to manage. These relationships are usually material to the business and of paramount importance to the overall transaction. Whilst the solicitors job is often seen as limited to ensuring that the legal documentation reflects the understanding reached between the parties, it is a good solicitor who advises on the implications of such agreement with third parties and the commercial realities of completing the transaction.
DTM Legal have a team of corporate lawyers all of whom have specific experience in the care sector, including the buying and selling of care homes (we have recently acted for the seller of a care home for in excess of £3 million having also acted on the acquisition some 4 years ago for just over £1 million) and the buying and selling of domiciliary care providers (we have recently completed on the sale of a privately owned provider selling to a national organisation for in excess of £5 million). All of our team are aware of the care-specific issues that arise in such transactions and are adept at dealing with them in a commercially sensitive manner.
If you would like to speak to one of our care team, please call 01244 354800 and ask to speak with Tom Sutcliffe or Julie Mogan.
For solicitors in Chester
http://www.dtmlegal.com
Specialists in commercial law in Chester:
Commercial
Business Recovery
Corporate
Employment
Litigation
Property
DTM Legal have a team of corporate lawyers all of whom have specific experience in the care sector, including the buying and selling of care homes (we have recently acted for the seller of a care home for in excess of £3 million having also acted on the acquisition some 4 years ago for just over £1 million) and the buying and selling of domiciliary care providers (we have recently completed on the sale of a privately owned provider selling to a national organisation for in excess of £5 million). All of our team are aware of the care-specific issues that arise in such transactions and are adept at dealing with them in a commercially sensitive manner.
If you would like to speak to one of our care team, please call 01244 354800 and ask to speak with Tom Sutcliffe or Julie Mogan.
For solicitors in Chester
http://www.dtmlegal.com
Specialists in commercial law in Chester:
Commercial
Business Recovery
Corporate
Employment
Litigation
Property
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