Insights: February 2007

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Getting to know the NEC


The NEC family of contracts is finding increasing acceptance across the construction world and will be the contract of choice for the London Olympic projects. These contracts are not simply another form of wording, but employ a completely new management and pricing process from either the JCT or ICE contracts. There are six different payment […]

HMOs Headache for Landlords


The change in law relating to houses in multiple occupation (HMOs) has caused much concern amongst landlords. HMOs are houses or flats which were originally designed to be occupied by one household but are now occupied by two or more households. Some HMOs are registrable and may only be operated by a person holding a […]

Fladgate advise Strand Partners on acquisition


Fladgate has advised Strand Partners Limited, the nominated adviser and broker to Netcentric Systems Plc, on the acquisition by Netcentric of The Oil Mining Co Inc (TomCo) for £5m satisfied by the issue of ordinary shares in the capital of Netcentric and the placing of approximately 51 million new ordinary shares to raise £1.3m. TomCo […]

PILONs - to tax or not to tax


Employers frequently make a payment in lieu of notice – or ‘PILON’ – to employees on the termination of their employment, rather than requiring them to work out their notice period. It is often part of a termination payment which may also include unpaid salary and benefits to the termination date, redundancy pay and an […]