Debt £2m
Instructed by a building contractor to provide a report on their options to recover outstanding monies due under a contract to build a 52,000 sq. ft. industrial building in Merseyside, comprising of warehouses and offices.
We engaged leading regional property agents to help identify specific property issues and provide disposal strategies.
We worked in conjunction with Leonard Curtis Legal to undertake a legal review to highlight any concerns which could affect the strategy to recover the outstanding monies.
Our report outlined the positives and negatives of a number of different strategies, including a number of formal enforcement processes, together with our recommendations. This allowed the contractor to make an informed decision, which resulted in full repayment of the outstanding monies.
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Reach Commercial Finance Limited. Registered in England no 09056450. Leonard Curtis is a trading style of Reach Commercial Finance Limited. Leonard Curtis is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. Authorised and regulated by the Financial Conduct Authority FCA no. 753686. Registered with the Information Commissioner’s Office reference ZA069234
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Riverside House, Irwell Street, Manchester M3 5EN. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.