Hotel Lease Expert Witness Representation
Project Overview: Owners of this strata-titled serviced apartment hotel were seeking expert witness representation in relation to the alleged underperformance of the hotel’s lessee which affected the financial returns to the owners.
Scope of Work: Horwath HTL assisted the barrister representing the claimant/owners by:
- reviewing and commenting on affidavits from all parties concerned
- conducting market research and supplying market insights
- assessing the lessee’s performance based on available evidence, market knowledge and operational expertise
- providing an affidavit under the rules of the High Court with an independent expert assessment of the arguments from both parties.
Project Outcome: Based on the arguments put forward, the lessee was ordered to implement several business improvements that would enhance the accountability to the owners and financial returns. Failure to implement these improvements would strengthen the owners’ position to terminate the lease.
Contact for project: Wim Ruepert