Insights: March 2017

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Letters of intent: Legal uncertainty vs commercial reality


Well-drafted letters of intent can be very useful for contractors, but are no substitute for a carefully negotiated and well-managed contract. Here are the main points to consider when putting together yours. In an ideal world, employers and contractors would finalise all aspects of a deal and record it in a signed contract before any […]

Thunderbirds are go! Fladgate advises Privet Capital on acquisition of Vivid Toy Group

Graham Spitz, Luke Morris, David Baverstock |

Fladgate LLP has advised Privet Capital (Privet), a private equity investor, on its acquisition of Vivid Toy Group Limited (Vivid) for an undisclosed sum. Vivid is one of Europe’s leading independent branded toys and games companies, licensing, designing, manufacturing and selling a combination of in-house developed toy and games IP and third party intellectual property […]

Fladgate sponsors Family Office & Wealth Management Conference

Richard Kaufman, Helena Luckhurst |

Fladgate LLP is delighted to announce its sponsorship of DC Finance’s Family Office & Wealth Management Conference on 13 June 2017. With over 400 ultra and high net worth individuals and family office executives in attendance, this is one of the world’s largest wealth management events held annually at the Hilton Tel Aviv.  This prestigious […]

Fladgate advises Sirius Petroleum Plc on £2m secondary placing

David Robinson |

Fladgate has advised Sirius Petroleum Plc, the investing company focused on oil and gas exploration and development opportunities in Nigeria, in relation to its secondary placing of new ordinary shares raising gross proceeds of £2m. Capital markets partner David Robinson led the Fladgate team. Fladgate has a specialist energy and resources team which brings together […]

How to manage UK probate fee increases

Helena Luckhurst |

Currently most applications made by solicitors for a UK grant of representation for a deceased’s estate incur a flat fee of £155 payable to the Probate Registry. However, perhaps within a little over two months’ time, a grant could cost as much as £20,000! How did we get here and, more importantly, what can be […]

Yotel comes to Clerkenwell

James Fry, Eddie Powell, Gary Smith |

Fladgate LLP is delighted that construction work has now commenced on the Clerkenwell Road, London EC1 development site of its client, Medina Investment, to create a 212 bedroom hotel to be operated (under management contract) by Yotel. The hotel will be the first city centre hotel in Europe for Yotel and is scheduled to open […]

He who shares, wins – buying residential property


Where two or more individuals purchase residential property they have to decide whether they will hold the property as joint tenants or as tenants in common. The purpose of this article is to explain the distinction between these two options, provide some insight into the circumstances in which each may be most appropriate, and highlight […]

Going off plan


With property prices still increasing, buying “off plan” can seem like a sensible choice to many people.  Demand is high for sought after developments, such as Battersea Power Station, which sees interested buyers queuing round the block to be in with a chance of securing their piece of the newest properties in London. Not only […]

Construction newsletter – March 2017


Updates for construction professionals

Parking charges may be even higher than you think


It is understandable that landlords aim to increase the value of their investments, and letting or licensing parking spaces is a lucrative way to do so. Letting or licensing parking spaces appears to be a straightforward matter which can be dealt with quickly, at a low cost and with a substantial return.  However, there are […]

Event: Planning for Housing

Mark Harnett, Miles Crawford |

Despite the seismic events and political upheavals of 2016, the commitment of central government to increase the supply of housing appears undiminished. Mark Harnett, head of planning, Miles […]

Fladgate sponsors Property Awards 2017

Richard Reuben |

Fladgate’s real estate team is delighted to announce its sponsorship of the Investment Agency Team of the Year award at the Property Awards 2017. Organised by Property Week, this year’s awards had a record number of entries for the 18 categories that celebrate excellence in the UK’s real estate sector.  At an industry event on […]