I am not legally or contractually minded, but it appears to me at first glance that (1) RiverOak are in a tearing hurry, and (2) the risk is loaded on to TDC. Do let me know if I’m right or wrong.
RiverOak’s proposed CPO deal with TDC
I would be most grateful for any of you who are legally or contractually minded to have a quick look at this document. It’s the Heads of Terms for CPO Indemnity Agreement between Thanet District Council and the newly formed RiverOak Aviation Associates LLC.