Insights: September 2013

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Quarter Day - September 2013

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Legal updates for all those involved in the real estate sector.


Listing in London - how to solve the settlement issue

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Many foreign companies find the London Stock Exchange an appropriate place to come to for the purposes of raising capital and increasing the visibility of their companies. There is an easily overlooked but critical point that has to be considered when listing in London – the electronic settlement system by which shares on the London […]


International Litigation in London - September 2013

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Developments relating to litigation and arbitration in London.


Fladgate acts for UK subsidiary of Wolford on HQ relocation

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Fladgate LLP has acted for the UK subsidiary of Wolford, the Austrian luxury hosiery and lingerie retailer, on the relocation of their London head office. Wolford have moved from Duke Street, W1 into the The Prow, a recently completed Crown Estate flagship development off Piccadilly Circus on the site of the former Regent Palace Hotel. […]


Fladgate advises Tritax on new fund launch

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Fladgate represented Tritax on the launch of the Tritax Prime Distribution Income Fund, which raised c£20m in equity matched by a similar amount of debt provided by Barclays Bank plc. The fund acquired a 750,000 sq. ft. big box distribution unit let to a 5A1 Dun and Bradstreet rated tenant. This tax efficient investment is […]


Fladgate advises on acquisition and disposal of La Suite West Hotel

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Fladgate LLP is delighted to have advised on the acquisition and subsequent disposal of La Suite West Hotel, Notting Hill. Located on the edge of London’s Hyde Park and close to the West End and Paddington, La Suite West is the minimalist creation of famed British designer Anouska Hempel. Hempel is ranked as one of […]


Succession planning for EU residents: a major development

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A mini revolution is about to take place in the world of Will drafting for EU residents, including British nationals owning assets on the Continent. It’s all because of the EU Succession Regulation (Brussels IV), due to come into force for the most part in August 2015. The Regulation aims to cut the cost and […]


Fladgate banking partner Charles Proctor to present at MOCOMILA

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Fladgate banking partner Charles Proctor is attending the Autumn meeting of the Committee on International Monetary Law of the International Law Association (MOCOMILA) in Madrid on 20-21 September. MOCOMILA is dedicated to the study of legal aspects of money, payments, currency and financial stability. Membership of the committee is by invitation only and comprises judges, […]


A dress code is justified if standards are slipping

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We have never before had a written dress code policy but, perhaps due to the extremely hot summer, standards seem to have dropped recently and it has prompted more than the odd comment from clients. How should we go about implementing a dress code policy without causing upset to people who have become accustomed to […]


An effective response to fraud in your business

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What should firms think about if they are unfortunate enough to fall victim to fraud? This article focuses on some key issues, including evidence gathering, civil recovery, reporting obligations and reputation management. First, an example of fraud from the legal industry. Although lawyers may well stand somewhere between estate agents and MPs in terms of […]


Stalled construction projects: can tenants cancel agreements for lease?

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If a construction project stalls for lack of funding, can the proposed tenant cancel the agreement for lease? The answer to this question is not straightforward and the cost of getting it wrong and terminating without legal justification is very high. The court recently had an opportunity to consider this point and provided some useful […]


Married couples and the Koshal case

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The recent case of Koshal (Koshal and another v HMRC [2013]) provides a useful reminder that married couples need to take particular care when it comes to declaring income from most of their jointly owned assets. Whilst husbands and wives are taxed as individual taxpayers, this is a classic example of where a joined up […]