Insights: April 2013

International companies continue to treat London as a key destination for raising institutional finance. Furthermore, of the firm offers announced in 2012 for companies subject to the UK Takeover Code (being, principally, UK corporations listed on the United Kingdom Listing Authority’s Official List and traded on the London Stock Exchange Main Market or listed on […]

Legal updates for our German speaking clients and contacts.

As is well known, Scotland is due to hold a referendum on independence from the remainder of the United Kingdom on 18 September 2014. Aside from the heated political debate on this issue, there are numerous legal and technical issues which, over recent months, have moved towards the centre stage. For example, the Scottish Government […]

Fladgate LLP has advised Sanguine Hospitality (Sanguine), a Liverpool based hospitality development and ownership company, on the acquisition by Interstate Hotels & Resorts (Interstate) of Sanguine’s management platform. The transaction signifies Interstate’s entrance into the UK market with Sanguine’s high quality portfolio of 14 hotels, aggregating more than 1,900 rooms, added to Interstate’s European portfolio. […]

Fladgate is delighted that the following partners and consultants have been included in the recently published Citywealth Leaders List 2013, a guide to advisers within the private wealth management sector. Simon Ekins Leading Lawyers – Contentious Trusts Paul Howcroft Leading Lawyers – Art Advisory Richard Kaufman Leading Lawyers Helena Luckhurst Leading Lawyers David Way Leading […]

The previous cost rules, which greatly favour claimants, have changed for proceedings issued after April 2013. Lawyers are allowed to charge a success fee of up to 100% more than their usual hourly rates in the event of success, whilst at the same time agreeing to charge less than normal rates if success is not […]

Last year we reported on the European Court of Justice’s (ECJ) decision in Oracle v UsedSoft (1), in which the court held that a licensee of computer software could legitimately sell it on a second hand basis, where the licence was akin to a ‘sale’ of the software. We commented that, although the case was […]

Fladgate is delighted that the following partners and consultants are featured as “Leaders in their Field” in the 2013 edition of Chambers Global – The World’s Leading Lawyers for Business. Individuals are ranked after extensive research by the Chambers team with opinions sought from clients, peers, referees and competitors. Germany Corporate/M&A (Experts Based Abroad) Alex […]

Fladgate LLP has advised AIM listed LiteBulb Group on a conditional share purchase agreement to acquire Bluwstuff Limited, a global designer, manufacturer and distributor of award winning innovative products, predominantly for the gift and toy markets, together with a proposed issue of up to £1.5m of secured convertible loan notes for expansion capital. Bluwstuff has […]

In Petrologic Capital SA v Banque Cantonale de Geneve [2012] EWHC 453 (Comm), a Swiss bank applied for a Declaration but the English court did not have jurisdiction to hear a claim brought by its customer, a Swiss company, relating to a letter of credit issued by the bank. The company relied on an English […]