Insights: July 2016

“The fishermen know that the sea is dangerous and the storm terrible, but they have never found these dangers sufficient reason for remaining ashore.” (Vincent Van Gogh) The UK’s vote on 23 June to leave the EU heralded new and challenging times for the business community. However, it also introduced opportunities.   For bold purchasers, […]

In my 26 November 2015 blog, I wrote about the impact on trusts of the EU’s first draft of the Fourth Anti-Money Laundering Directive (4AMLD).  It seemed that only if the trust generated ‘tax consequences’ would the trustees have to provide details about the trust to a central register, which would not be publicly available.  […]

Fladgate has advised AIM listed Satellite Solutions Worldwide Group plc on its £12m investment from Business Growth Fund plc in the form of a £9.6m unsecured loan note and a further £2.4m unsecured convertible loan note converting at 9p a share.  Business Growth Fund was also granted an option to acquire 74,019,915 new Ordinary Shares at […]

A practical problem which has befallen many an occupier: you have found a new unit for trading and agreed heads of terms with the landlord; the lease and licence for alterations are being negotiated via solicitors; you now need to go in and start trading; however, the landlord will not give you the keys until […]

A good HoTs will answer all key questions which may arise on the grant of a lease, so that negotiation on commercial issues isn’t required further down the line, saving both time and money in the long run.  It is crucial for prospective tenants to think long and hard before entering into negotiations on lease […]

Fladgate congratulates the following partners on their inclusion as “Leaders in their Field” in the 2016 edition of Chambers Global, the guide to the world’s best lawyers. 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 Kaufmann Alex Kaufmann […]

Fladgate LLP is delighted to announce the appointment of real estate specialist Jenny Sargeant who joins from Macfarlanes LLP. Jenny advises a full range of real estate, corporate and high net worth clients on all aspects of commercial real estate transactions, specialising in acquisitions, bespoke financings and complex corporate transactions involving real estate. Her two […]

The University of Law (ULaw), the largest and longest established provider of professional legal education, has signed an exclusive three year training partnership with Fladgate, the international Top 100 law firm. This is the first time that the London based law firm has sponsored students on legal training contracts with one provider. ULaw was chosen […]

What type of Will do I need if I have foreign assets? If you own foreign assets, then you should consider putting in place a foreign Will in the jurisdictions in which you own those assets, in addition to a UK Will.  The advantage of this is that on your death, probate can be obtained […]

With the summer holiday season upon us, it’s time to dust down those dreams of owning a bolthole in your favourite part of the world, where summer means summer and the sky is always blue.  It’s not uncommon for Brits to own assets outside the UK these days and not just the infamous holiday home […]

Online banking fraud is becoming more sophisticated, causing large losses to individuals and companies. Unsurprisingly, the number of cases against banks involving online fraud is increasing. In March, Sir Bernard Hogan-Howe, head of London’s Metropolitan Police, suggested banks should not fully refund victims of fraud who have not protected themselves. Whilst not universally well received, […]

Fladgate LLP is delighted that the Victoria & Albert Museum won The Art Fund Museum of the Year 2016 prize at a dinner and ceremony on 6 July at the Natural History Museum, London. The annual museum prize, the largest in the world, recognises the outstanding innovation, imagination and achievements of one museum throughout the […]