Following the festive period, tenants can often fall into rent arrears. Investing time at the start of the year to review your tenant’s rental payments can therefore help you identify issues at an early stage. This is exemplified by the...
In appropriate cases our commercial litigation solicitors may be able to offer you a damages based agreement as a funding option. This funding option has only been available in commercial cases since April 2013. A damages based agreement is an agreement between Stephensons and you, whereby you agree to pay a percentage share of the damages if the case is won against the opponent. Under this agreement we would normally require payment either if sums are recovered through settlement or after the case has gone to court.
A damages based agreement is a suitable option because they have the advantage of limiting the impact on cash flow. This is because you only pay expenses such as barristers fees until sums are recovered; at this point you then pay our fees.
