Originally Posted by
Asturias56
have you any idea how long it will take to execute a CPO against a company that fights it? years
Yes, at least 2 years at great expense to the Council who are probably cash strapped like most local authorities and probably don’t have enough experience to run a bath let alone an airport.
My point is this is a box ticking exercise to satisfy the pre-requisite for CPO, and Peel have countered it by offering the leasehold for sale as a show of goodwill again which will be used against the council should they set the CPO in motion. It may also prove during any legal proceedings that Peel had offered the leasehold and the council didn’t take that offer and therefore solidifies their findings that the airport is not a viable business.
Brinkmanship is all, I’m in complete agreement with you Asturias56.
Originally Posted by
SWBKCB
And how much money?
£1.1million in legal fees and associated admin costs assuming they are successful. Then whatever is deemed the value of the land with compensation to the owner of the freehold (Peel). Way beyond the scope of DMBC.