Aeolus
Well-Known Member
The plc that owns the company that operates Newhaven marina has gone into administration. The marina asks for annual berth fees in advance, payable in January, and does not accept credit cards.
Presumably, if the administrators sell the marina company as a going concern, then my contract would remain in-force and I would not lose anything. If, on the other hand, they decide to sell the assets (i.e. the marina property) and a new operating company takes over, then my contract with the original operating company will be terminated and I may lose the fees paid in advance.
I haven't paid yet. Should I? What's the forum's collective legal opinion?
Presumably, if the administrators sell the marina company as a going concern, then my contract would remain in-force and I would not lose anything. If, on the other hand, they decide to sell the assets (i.e. the marina property) and a new operating company takes over, then my contract with the original operating company will be terminated and I may lose the fees paid in advance.
I haven't paid yet. Should I? What's the forum's collective legal opinion?