Our recent Commercial Case Studies

The firm’s commercial department has in recent weeks completed a wide range of deals including:

Sale of National Engineering Company.
The firm’s commercial partner Andrew Ashley-Edwards recently completed a high value deal to sell a national engineering company with its head office based in Kent. Many months of hard work undertaken by Andrew and his team came to fruition in recent weeks as the complex deal concluded. Andrew commented “It was challenging to achieve the desired outcome for the client within the required time frame. The deal had to be structured in a way to enable the private equity funded purchasers to finance the purchase, so there were many different aspects to be dealt with before we could conclude the deal.” The client was particularly pleased with the outcome, stating “a big thank you to all your team for getting this over the line.”

Residential development site acquired!
Commercial property expert Khalid Mughal tackled complex planning issues with the local authority whilst advising a developer client on an acquisition of development land. Ensuring planning consent was obtained in readiness for work to begin immediately following completion and dealing with planning obligations were both key factors in the deal. Having also dealt with the timely termination of various tenancies affecting the land, Khalid was able to ensure a clean title for the developer enabling building to start shortly after completion.

Overcoming landlords reluctance to agree a Sale of retail unit in North Kent
Experienced commercial property lawyer, Jane Laird recently completed the sale of a leasehold retail unit in North Kent. Consent from the Landlord was required but was not initially forthcoming due to the Landlord acting unreasonably. Due to perseverance and tactical negotiation, consent was eventually obtained and the sale completed. The clients were very relieved not to lose their buyer and thanked Jane for her “patience and being most helpful completing the matter.”

Two Companies Joint venture 
The commercial department’s commercial Lawyer, Mignonette Ellis recently reported on the viability of a commercial contract for the joint venture of two companies.
The analysis of the contract, which dealt with the co-creation and co-production of products and marketing, involved more than just establishing whether the elements of a valid contract were met or beneficial for our client. Mignonette commented “It can be challenging to amend a draft contact that does not function sufficiently, or reflect the intentions of the parties in accordance with the governing laws. There were a variety of different elements that needed to be considered, such as intellectual property rights, royalty payments and profit allocation. It was paramount to ensure the synergistic operation of the clauses that dealt with these fundamental elements, to avoid rendering the contract invalid or attracting litigious actions in
the future.”

If you think we might be able to assist you with any of your business or commercial property needs please call for a no obligation discussion with one of our Business Law experts on 01474546013 or email our new enquiries team at enquiries@martintolhurst.co.uk