Steps to listing an asset of community value
By Lucy McDonnell
Increasing numbers of sites are being registered by community groups as assets of community value or ACVs. These range from community pubs to mountains to premiership football grounds — in July, the Lakeland fell Blencathra was listed, and both Anfield and Old Trafford are already ACVs. There have been press reports of buildings or land being listed with the aim of maintaining the current use for the local community, but there is some confusion about what listing as an ACV means for the site and the owner.
ACV listing was meant to be about giving a community a chance to purchase an asset if it was viable to do so. It provides a relatively sensible balance between the interests of land owners and the needs of the community. The Ivy House in Nunhead was one of the first pubs to be nominated as an ACV. It was purchased by a community group during the moratorium and is now run as a co-operative…
Click on the link below to read the rest of the Dentons briefing.
News from Dentons
News from The Lawyer
Briefings from Dentons
Industry Canada has published a Q&A on the next steps for those entities that have not yet continued under the Canada Not-For-Profit Corporations Act.
Heads we win, tails you lose (the difficulties of litigating against an adversary who will still owe you money if they win)
The recent judgment of Teare J marks the latest staging post in the advance of these claims towards trial.
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
The continent’s boom in natural resources and renewable energy is sparking an infrastructure drive