Contract of Sale of Land Disputes
Following on from my story about the buyer, a lawyer, who was challenging the validity of a large number of special conditions which he and his wife had initialed, I can report that after a considerable amount of correspondence back and forth, settlement will be occurring tomorrow, within the 3 day grace period, without the […]
Sale of Land Dispute
We received a referral from a settlement agent this week who is acting for a seller. The contract specified various issues with the house, but the buyers initialed clauses that stated that: they had inspected the property; they were exercising their own judgment in deciding to buy; they acknowledged that the garage door was not […]
Commercial Loans & Security Documentation
We are helping a client who got a little too large too quickly. He has a profitable business, but it has about $1 million in overdue invoices. We are helping to convert that to a debt, payable over time with interest, with security over real property and the company’s assets, but with the security being […]
Sale and Purchase of a Business
I am working on a sale and purchase of a business. The buyer and seller are business partners. The seller wishes to slow down and act as consultant only for a few years and then retire altogether. They wanted me to act for both parties, but the conflict of interest is too much of a […]
EPA & EPG
I saw a lovely 79 year old lady on Tuesday. She is moving into a nursing home in Glendalough run the Little Sisters of the Poor. One of the pre-conditions to admission, besides having assets less than $40,000, is that she needed an Enduring Power of Attorney in place. I prepared an enduring power of […]
Life Support with no Will
Here’s a sad story. We learnt of a young chap last week who is on life support, but more than likely brain dead, so his step-father and partner were going to have to consult with the doctors about turning off the machine. The Guardianship and Administration Act sets out the priority of person who need […]
Property Development
Michael saw an old client this week. He’s had his builder’s ticket for 4 years and is about to start his own building company. He owns a property with his 2 brothers. They are not interested in funding a development, so he is going to finance the demolition of the old house and the construction […]
Facebook and Copyright Issues
This week we saw a new client regarding some Facebook and Copyright issues. She had obtained permission to use images from the US manufacturer’s website, but there was nothing very formal. It raises the issues of what can and cannot be copied. We have another client who took his own photos of various spare parts […]
Old Will After Divorce
We saw 2 clients two weeks ago to prepare some wills. Both were divorced some 20 years ago. Both were unaware that the wills that they executed early in their marriages and which left everything to their ex-husbands were still valid! The Wills Act 1970 was only amended such that the end of a marriage […]
Pragmatic Business
A client of mine sent me an e-mail yesterday worried about a contract for the purchase of a property. She and her husband have faced delays obtaining finance approval and the seller had sent her an e-mail with a veiled threat that the seller would terminate the contract. I sent a note back – DO […]