Insights: June 2016

Britain’s decision to leave the EU will have political and economic effects so large and unfathomable that it may take many years before they are fully understood. Sarah Gogan, immigration partner at Fladgate LLP, is quoted in the Financial Times article linked below. Brexit: the effect on UK-Europe travel Sarah Gogan, Partner, Fladgate LLP (sgogan@fladgate.com)

On 26 June, a Fladgate team completed the ‘Capital 2 Coast Charity Bike Ride’ from London to Brighton, in aid of two charities: Norwood, a leading Jewish charity supporting vulnerable children, families and people with learning disabilities; and Downs Syndrome Association. The Fladgate team comprised Stephen Lewis, Jeremy Whiteson, Mark Buckley, Gideon Dabby-Joory, Alan Woolston, Julian Lewis, […]

Fladgate has advised RFC Ambrian (as nominated adviser and joint broker) and Beaufort Securities (joint broker) on a £50 million placing and subscription for Hummingbird Resources plc. Hummingbird Resources is a West African multi project gold exploration and development company.  The funds raised will be used for the development of its Yanfolila gold project in Mali. […]

Updates for real estate professionals

Counterparties to a commercial contract with no connection to England often agree that any dispute arising from their contract will be determined by the courts of England. The English courts are accustomed to dealing with cases that have no real connection to their jurisdiction.  When agreeing the form of dispute resolution, parties may be faced […]

A recent case in the Commercial Court, which has coincided with our experience of an arbitrator resigning due to a potential conflict, has brought attention to the International Bar Association’s Guidelines on Conflicts of Interest in International Arbitration. The IBA Guidelines are frequently used in the international arbitration arena to consider impartiality and independence. With […]

The launch of confirmation statements – getting the content and timing right. The longstanding requirement for companies and limited liability partnerships (LLPs) to file an annual return will be replaced by a requirement to file a confirmation statement after 30 June 2016 under the Small Business, Enterprise and Employment Act 2015. “Persons with significant control” […]

Mass immigration is unpopular in Britain. Surveys show that the majority of UK citizens – first and second generation immigrants included – favour reducing immigration. It is consistently ranked as one of the most important issues facing the nation during the referendum on EU membership with Britons seemingly as worried about immigration from within the EU as […]

Fladgate LLP has advised the equity investors on the conditional acquisition of Dobbies garden centres from Tesco’s for £217m as the retailer continues with its divestment strategy in order to focus on its supermarket business. The group of equity investors is led by private equity houses Midlothian Capital Partners and Hattington Capital. Dobbies is the […]

Fladgate has advised AIM listed Satellite Solutions Worldwide Group plc on the issue of £2 million of unsecured loan notes.  The notes were subscribed for by Business Growth Fund.  The net proceeds will be used to strengthen the company’s balance sheet and enable it to continue its organic and acquisitive growth strategy as it seeks […]

The burden of business rates was a recurring theme of press coverage in the lead up to Budget 2016. In the event, the Chancellor’s announcements on business rates had a “jam tomorrow” theme, rather than offering any immediate relief to major ratepayers in the UK, whose property taxes are the highest of those in any major […]

On 12 June, a 20-strong team from Fladgate abseiled the 200ft Senate House Library to raise £5,000 in aid of St Mungo’s, one of the firm’s chosen charities for 2016. St Mungo’s is one of the UK’s leading homelessness charities and exists to end homelessness and rebuild lives.  Each night the charity provides housing and […]