When We All Understand the Assignment: Assigning a Retail Shop Lease as Part of a Commercial Business Sale

An easily overlooked element of a commercial business sale is that of assigning the existing lease, which is key in enabling the buyer to continue operating the business in the same premises where the seller currently resides. While the steps involved, in assigning the existing lease, may be relatively straightforward the time and effort in continue reading

COVID, Floods, War… Recent events that might leave you contractually liable if not for force majeure

COVID-19 demonstrated that unforeseen events can and will occur that significantly affect businesses across all industries. Such events not only have the capacity to impact business financial performance but may also have consequences on all parties’ contractual rights and obligations in business dealings. There may have never been a better example of extenuating circumstances making continue reading

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