Discovering deferred consideration. Bond Adams has secured the purchase of an old public house. It is to be renovated for a place of worship. The team has arranged for a share purchase and loan back for a client.
The facts and complex arrangements for deferred consideration
- Purchase of commercial property
- Planning considerations
- Share purchase involving complex loan back provisions
- Loan back with a charge following the purchase
This case has involved specialist drafting and consideration of share transaction documents incorporating a sale and also including key provisions allowing for the buyer to defer some payments following the purchase.
Arrangements such as these are commonly called deferred consideration.
The transaction involved lawyers from our Corporate team and our Property teams working on matters to complete the transaction.
For all your property needs, contact our experienced team at Bond Adams LLP Solicitors on 0116 285 8080 or email us at lawyers@bondadams.com.
Follow us on Facebook for more success stories from the teams.