The ABCs of overage - article for the New Law Journal 23 September 2024
In an article for the New Law Journal, Fern Schofield and Michael Ranson set out the various means of securing overage obligations.
In brief:
- Securing overage obligations raises a variety of legal, practical and commercial difficulties.
- In order to advise clients about how best to secure overage, practitioners need to be aware of a variety of legal principles, statutes and case law.
- This article is a guide to those legal issues, with suggestions as to three different ways in which overage obligations might be secured and a warning about the use of restrictive covenants.
You can read the full article here.
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