SRC LAW FIRM ADVISES ON LIQUIDATION OF AN INDUSTRIAL PARK

8 May 2023

SRC Law Firm advised a US investment fund in the process of liquidating an old industrial park located near Warsaw.

The industrial park was purchased by the client in 2021, with more than 200 tenants operating on the site.

SRC Law Firm assisted the new owner in the effective termination of all leases for premises within the park, as well as in the process of debt collection and vacating the premises.

Support for the client also included the preparation of a template lease agreement for the commercialization of the future state-of-the-art industrial park, which will be built on the site of the currently demolished buildings.

As a law firm, we are pleased to be involved in projects as interesting as this one, which required not only legal expertise, but also effective coordination of the process of preparing and serving hundreds of notices in a short period of time, and demonstrating flexibility in dealing with the different legal and factual situation of individual tenants, as well as reconciling them with our client’s business plans” – stated Łukasz Caban, partner of SRC Law Firm.

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