In difficult times tenants of commercial premises, particularly if they are insolvent, may try to escape future liability under a lease by an informal surrender. This usually entails vacating the property, returning the keys and writing to the landlord or its agents to say that the lease has been surrendered. Sometimes a third party is […]
Many disputes that arise from construction projects are solved in adjudication – but mediation is an option that should not be overlooked. It is almost inevitable that disputes of some kind will arise during the course of a construction project. These disputes can usually be resolved without the need for formal dispute resolution proceedings. However, […]
Over the last 18 months there have been about a dozen cases before the Technology and Construction Court on the issue of payment in construction contracts. All these cases arose from the same fact, namely a failure to put in place the appropriate paperwork in response to an application for payment. It is surprising that […]
Fladgate has advised Sea Oil Tankers Limited (an Isle of Man incorporated company) on its issue of up to $200m of corporate bonds (which may be denominated in euros, US dollars or sterling) and admission to trading of those bonds on the Gibraltar Stock Exchange (GSX). The transaction was led by capital markets partner Chris […]
Fladgate LLP has advised WideCells Group PLC, the health care services provider to the growing stem cell industry, on its entry to the Main Market of the London Stock Exchange, by way of a Standard listing on the Official List of the UKLA, following a successful £2m placing organised by Vicarage Capital Ltd and Shard […]
In April a new minimum rate of pay called the ‘National Living Wage’ was introduced for workers aged 25 and over. As you would expect, this includes qualifying employees that work for cinema operators. Mike Tremeer, a senior associate in the employment team at Fladgate LLP, provides a summary of the existing national minimum wage, […]
Developers at risk For developers, telecoms has been one of those topics which everyone would prefer to avoid or pass over to a colleague. It is an issue that comes fairly low down on everyone’s lists. However, there is a real risk for developers if they fail to give any attention to the proposed New […]
Fladgate has advised AIM listed Gfinity PLC on its £3.7m placing of 74m new ordinary shares to provide funding for growth and general working capital. Gfinity is a leading UK-based electronic sports (eSports) company which organises and hosts live tournaments at which top international players and teams compete in best-selling games such as FIFA and […]
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