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NEUFELD LEGAL P.C. - Legal Counsel for Golf Courses

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Golf Lawyer - Divestiture / Sale

The sales process of a golf course is driven by realizing the best possible return from the disposition of the golf course, with appropriate assurances and securitization being put in place when consummating the deal.

Selling the golf course, whether in its entirety or a division or assets thereof, is rarely a straightforward process that is devoid of legal and associated challenges. Divestitures tend to be full of challenges when the golf course's ownership is seeking to get the best price for what is being sold and orchestrates an exit that limits, if not eliminates, any subsequent legal exposure. As such, it imperative that the appropriate professionals, including legal counsel, are engaged early in the golf course's sale / divestiture process (generally, very well in advance of when the owners of the golf course typically would consider 'bring in' the lawyers - as postponing the lawyer's involvement typically doesn't save money, but results in the ownership losing money).

Optimizing Sale Price - Early engagement of legal counsel, when there is but the consideration of selling the golf course, can be extremely important in optimizing the sale price, where it is possible to identify such opportunities.

Finding the Appropriate Purchaser - Having an attractive golf course for sale is but half the challenge, as there remains the issue of finding the right buyer and having a deal structure that doesn't leave you 'high and dry' when the buyer fails to follow through.

Completing the Deal - Getting to completion can be a challenge, especially when forces out of your control impact the prospect of the transaction closing, and yet these matters need to be effectively dealt with if the objective goal is to be realized.

To learn how Neufeld Legal P.C. can provide experienced legal advice to your particular commercial engagement with a golf course and the various commercial matters associated with its operation and/or management, contact us at Chris@NeufeldLegal.com or by telephone with respect to legal transactions in the United States of America at 646-681-4491 or in Canada at 416-887-9702 (for Ontario, Canada) and 403-400-4092 (for Alberta, Canada).

 

This website of itself is only an informational entry point, wherein specific legal advice should always be solicited to deal with the particulars of your specific commercial situation, whether it pertains to the operation / management of a golf course or otherwise. Neufeld Legal P.C. accepts no responsibility for loss which may arise from accessing or reliance on information contained in this website, given the generality of said information and the specificity associated every particular legal matter. Furthermore, this website does represent attorney advertising, such that you should be aware that prior results do not guarantee a future or similar outcome. Please review our disclaimer, cookie usage and privacy policy, taking note that we do utilize limited cookies for purposes of non-specific Google Analytics. For more visit www.MergerAcquisitionLawyer.ca. Copyright 2015.