Insights: June 2009

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Quarter Day - June 2009


Legal updates for those involved in the real estate sector.

Fladgate advises Amteus on capital raising and acquisition

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Fladgate acted for AIM listed client Amteus Plc (to be renamed ImJack Plc), a digital educational networking and media business, on its raising of £2.26m through the issue of new ordinary shares. Fladgate also advised Amteus on the acquisition of The Day Limited, a company which has researched and developed a new approach to news […]

Construction newsletter - June 2009


Legal updates for those involved in the construction sector.

Insure against big legal bills


I recently lost hundreds of thousands of pounds on an investment that was more risky than I had been led to believe. I bought “structured notes” where the income would be lost if certain stock market indices fell too low, while the notes would also then lose their value. I think my bank’s investment adviser […]

Is electricity going to get even more expensive?


For very large users, yes. You might have heard of the Carbon Reduction Commitment (CRC), as it has been in the press recently. From 1 April 2010, businesses that use more than 6,000 MW of electricity a year – which equates to about £500,000 at current prices – will have to purchase carbon credits. Although […]

Fladgate advises Sovereign Business Integration on agreement with Ford Motor Company


Fladgate LLP has advised Sovereign Business Integration Plc, a leading IT service provider, on a long term agreement with Ford Motor Company to provide a hosted logistics application service and supply chain management solution called Event Management Logistics (EML) on a “software as a service” basis and to provide outsourced IT office services. The EML […]

When the money runs out


When money is scarce, a developer entering into a building contract faces significant risks: there is the risk of cost overruns, because the initial contract sum may not necessarily be the amount that is ultimately payable under the building contract. Then there is the risk that the developer may simply run out of funds with […]