Insights: April 2014

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Private Client Adviser 60-second interview: Teresa Cullen

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Fladgate’s new family specialist, Teresa Cullen, says clients are focused on what the Law Commission’s matrimonial report means for them. What are the priorities of your new role? My immediate priority is to settle in as quickly as possible to ensure that the clients who came with me feel at home in their new environment […]


Changes afoot for owners of UK residences

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The Government recently issued a consultation entitled ‘Implementing a capital gains tax (CGT) charge on non-residents’. Now, if you are UK resident for CGT purposes, you might have formed the view, quite reasonably, that, in view of its title, you need not add the consultation to your pile of bedtime reading. Tut tut, how could […]


What is the law when parents abduct their children?

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According to the Foreign and Commonwealth Office, the number of parental child abduction cases has more than doubled over the last decade, with two children being abducted each day. On 1 April 2014 Japan formally acceded to the Hague Convention on international child abduction. Japan had been subject to significant international pressure from the 90 […]


Fladgate advises The Private Infrastructure Development Trust on £68m debt restructuring

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Fladgate LLP is acting for The Private Infrastructure Development Group on its phased restructuring of £68m of funding, from grant to debt, in favour of the UK Department for International Development (DFID). The Trust is a development funding agency whose members include the UK, Swiss, Dutch, Swedish, Austrian, Irish, German and Australian governments and the […]


Mission impossible?

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A court order for specific performance is a particularly effective means of securing performance of contractual obligations, because it comes with the threat of possible imprisonment if it is not complied with. However, it will only be granted where the court considers it to be appropriate in the circumstances. It is often suggested that the […]


Are you an accidental director?

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You might think it is very simple whether or not you are a director – after all, either you have been appointed to the board of a company, or you haven’t. Company law, however, recognises that some individuals may in practice be acting as directors, even if they do not officially hold that title. The […]


Reforms to the Community Infrastructure Levy

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February 2014 saw another round of reforms to the Community Infrastructure Levy regulations. Many of these are welcome changes brought in to deal with some of the issues that have arisen since local authorities introduced their CIL charges. A few of the headline changes to note: Changes to the lawful use test A much criticised […]


ATED goes large

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ATED (the UK’s Annual Tax on Enveloped Dwellings) is one of the newest taxes to hit the statute book but it became clear in this year’s Budget that, as taxes go, it is destined for even greater things in 2015 and beyond. ATED is an annual tax, levied on non natural persons (such as companies) […]


Fladgate advises Westgate Management Ltd on £10m office building sale

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Fladgate LLP has advised Westgate Management Ltd (on behalf of a Swiss-based private trust) on the sale of a 47,000 sq ft office building in Leeds for over £10 million. Kings Court, a six-storey office building at 12 King Street in the centre of Leeds, has been acquired by an overseas private investor. The sale […]


Contracts: Beware the short cut

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Many subcontracts try to incorporate main contract terms with a simple phrase or two. But such quick fixes can easily come unstuck – what you really need is certainty. Sometimes taking a short cut leads you up a blind alley. The same is often true if you attempt a contractual short cut. Many subcontracts (often […]


Fladgate's international practices ranked by Chambers Global 2014

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Fladgate is delighted that the following partners and consultants are featured as “Leaders in their Field” in the 2014 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 […]


What divorcing couples can learn from Gwyneth Paltrow's conscious uncoupling

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Not all separating couples will want to head for the tranquil island of Eleuthera to mark their separation. But there is a lot to be said for encouraging divorcing couples who have children to think about their ongoing relationship. Everyone and his wife (pardon the pun) is wondering what to make of this phrase ‘conscious […]