Beware of pitfalls on business purchases

By |2021-10-27T10:48:18+01:00April 24th, 2014|News|

The Court of Appeal recently ruled on the enforceability of certain clauses in the event that sellers breach restrictive covenants – buyers need to be careful that non-payment clauses are not penalties. Clauses held to be unenforceable • In short, the clauses in question in the Court of Appeal’s case said that if the [...]