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Liquor & Gaming | Liquor & Gaming

Lawful contract termination saves client from overpriced purchase

I was approached by another law firm whose client had entered into a longer-term contract to buy a pub but no longer wanted to proceed as the property was substantially overpriced.

In reviewing the contract I picked up on several deficiencies regarding liquor and gaming issues.

Ultimately, this became the strategy to lawfully terminate the contract.

The buyer avoided a significant financial loss and was very pleased with the outcome; supported by my knowledge and expertise gained in over 20 years of pubs and restaurant dealings.

"The content of this publication is for reference purposes only. It is current at the date of publication. This content does not constitute legal advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication."