Fladgate LLP advised on the sale of Kingston Heights Hotel, the final part of NHP Leisure Development’s mixed use riverside development in Kingston upon Thames, for £13.5m. There was a simultaneous sale of the management company which runs the innovative Open Loop Heat Pump System which provides heating to the development from the River Thames. Real […]
The English courts were recently asked to restrict fashion retailer ASOS’ use of its brand name, in particular in the context of its online trading operations as ASOS.com. The claim had been brought by ASSOS, a Swiss based manufacturer of cycling clothes. In 2005 ASSOS had registered a Community Trademark in respect of clothing, headgear […]
Fladgate LLP has advised a family group of companies on the £43m refinancing of a portfolio comprising approximately 100 residential properties. The cross-departmental team was led by corporate partner Avram Kelman and real estate partner Gavriel Cohen and comprised 24 fee earners, drawn from a range of disciplines. Fladgate has a longstanding relationship with this […]
Modern slavery, a problem of modern society but an issue for border police and perhaps large clothing companies, not for the majority of businesses, right? Well no. If your business group has a worldwide turnover in excess of £36 million per year, supplies goods or services in any sector and carries on business, in whole […]
Fladgate LLP has acted for the shareholders of Greene & Co, an award-winning estate agency covering North London and the City, in its sale to leading residential agency, Hamptons International – part of Countrywide PLC, the UK’s largest estate agency and property services group. Established more than thirty years ago in West Hampstead, Greene & […]
Fladgate LLP acted on the £60m purchase and redevelopment of 6 Castle Lane SW1, a redundant college, from Land Securities. The college, near to Buckingham Palace, will be redeveloped as 28 apartments and three town houses by a Jersey Company owned by a Lebanese Fund. This is part funded by a substantial loan from a Middle […]
On 1 October 2015, new provisions came into force which extend the director disqualification regime. These have been introduced by the Small Business, Enterprise and Employment Act 2015. Perhaps the most eye-catching change is that for the first time the courts will be able to order a director to personally pay compensation to creditors who […]
Is there a difference between a “lifetime of 20 years” and a “design life of 20 years”? The Technology & Construction Court said “no” (sort of) but the Court of Appeal said “yes”. Does the difference matter? Over £19 million of damages was hanging on this question, so yes, it was rather important. The case […]
Does using multiple trusts save Inheritance Tax (IHT) still, or has IHT planning with multiple trusts been effectively abolished? When the second Finance Act of 2015 comes into force later on this autumn, we will finally have the answer. Those with enough spare memory to remember shelved legislation will recall that this time last year, […]
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