Insights: September 2015

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Losing the plot over CGT principal residence relief

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In the UK, we take for granted that if we sell our main home, we don’t have to pay Capital Gains Tax (CGT).  Yet, selling a home is still a disposal for CGT purposes.  The main thing that prevents a CGT bill from being triggered by a sale of the home is CGT principal residence […]


When should you review your Will?

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It is always important to have a Will in place, but if you already have one, there are certain circumstances where it is necessary to review it. Changes to personal circumstances If you marry or form a civil partnership, then your Will is automatically revoked unless you state in the Will that you are making […]


The NOW TV case: Mere reputation of international brand is not enough to protect unregistered trade mark in the UK

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Introduction The world has “internationalised” at an astonishing rate in the last 20 to 30 years. People are better travelled and are familiar with overseas hotels, restaurants and media. And it is the same with consumer brands: in the UK we are as familiar with Hershey’s chocolate from the US and Vegemite spread from Australia […]


Converting an office block to residential use: what needs to be done before the permitted development right expires?

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We reported recently that, unexpectedly, the government has not extended the temporary right that it introduced in the spring of 2013 to change the use of a building from office to residential without having to obtain a grant of planning permission. Unless the government has a change of heart, the right will expire on 30 […]


Street art revisited: Art Buff

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A couple of years ago we in the Fladgate art team put our heads together to consider the potential legal problems in trading in street art and produced this article: Street art: the legal issues It was a topical subject because of the auctioning of Slave Labour, which I covered in my post Selling Banksy […]


Fladgate announces further partner appointment

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Fladgate is delighted to announce the appointment of employment partner Taj Rehal, who joins from Howard Kennedy. Taj advises listed companies (both international and domestic), large and small private companies and organisations and their directors, partners and senior individuals across a broad spectrum of industry sectors, particularly media, technology, financial services and professional services. Taj […]


Hot and bothered

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Energy efficiency is a recurring theme in government legislation these days. Not so long ago, energy performance certificates (EPCs) were introduced and these are now compulsory on the sale or letting of almost all properties, residential or commercial. The Energy Act introduced a requirement that will have a major impact on the property industry when […]


Fladgate advises Greybull Capital on acquisition of 140 stores from Morrisons

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Fladgate LLP is advising investment firm Greybull Capital on the acquisition of 140 high street convenience stores from WM Morrison Supermarkets plc. Greybull Capital, a turnaround specialist that led the takeover of travel business Monarch Group last year, together with a team of industry specialists led by retail expert Mike Greene, will take control of […]


Fladgate advises Patron Capital on Dartford Business Park letting to Mazda Motors

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Fladgate LLP has advised on the completion of a substantial letting of one of the buildings on Dartford Business Park to Mazda Motors UK Limited. The property, which will be Mazda’s new headquarters, was let for 15 years. We have since acted on the sale of the property to The Local Authorities’ Mutual Investment Trust […]


The right to work? - check

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Many retailers and leisure operators employ casual staff from time to time as part of their operations and often these staff can come from outside the UK. This is an update and reminder of UK employers’ duties to prevent illegal working. The Home Office policy Employers in the UK have a legal duty to prevent […]


Project Finance – Applying recent learning to public sector projects

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“After all is said and done, more is said than done.” Aesop As an unsurprising consequence of the global financial crisis of 2007/08, a number of reviews have been commenced worldwide to verify the value of the contribution of private finance to public sector projects. As the earliest of such projects were established in the […]


Fladgate advises on high profile hotel deals for Starboard and Downing

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Fladgate LLP has advised on two high profile hotel deals: The acquisition of five ibis hotels by Starboard Hotels Limited, as part of a €32m portfolio sale by Accor. The sale of Chapel Street Hotel in Liverpool, part of the Hotel Indigo brand of hotels, to an international asset management company. Hotel developer and operator Starboard […]