Successful succession and restructuring of farm business
We acted for a landowner on the complex sale of a redundant farm building with development permission, as part of a succession and re-structuring scheme for the future of the farm business, and the retirement of the current generation of partners. The buyer defaulted, requiring swift court action to compel contract performance (which underpinned the whole scheme). This resulted in an order forcing the buyer to comply with the contract and pay all expenses of the action. This is a good example of a case requiring advice in many areas of law; property, partnership, lending, tax planning and litigation.