Insights: April 2017

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Fladgate acts on sale of Holiday Inn Kenilworth

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Fladgate LLP has acted for Khanna Enterprises (Holdings) Limited on the sale of Khanna Enterprises (Kenilworth) Limited, the company owning the 115 bedroom Holiday Inn Kenilworth, Warwick to BGAM Hotels for £10.4 million.  Situated in Kenilworth town centre, the hotel benefits from a Marco’s New York Italian and an onsite Starbucks café. The Fladgate team […]


Supermarkets and ships: solicitors in shock!

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Well, not quite shock. Two cases from November 2016, from different divisions of the High Court, have stood out as providing specific advice, or more accurately warnings, to contract drafters, be they solicitors or not. The cases concern very different industries, but each contain an important message to contract drafters and clients: in all elements […]


Fladgate advises CIMC on construction of two Hampton by Hilton hotels opening within 24 hours

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Fladgate LLP is delighted to have advised one of the world’s leading modular building providers, CIMC Modular Building Systems (CIMC), on its first full development projects in the UK, the recently opened 201 room Hampton by Hilton hotel at Bristol airport.  The project completed just one day after the opening of the 155 room Hampton […]


The new Pre-Action Protocol for construction and engineering disputes

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Background Most construction and engineering disputes are settled by negotiation and without the need for formal dispute proceedings.  Where disputes cannot be resolved in this way, a claimant will usually have the option of pursuing its entitlements through statutory or contractual adjudication.  In some cases, however, litigation or arbitration will be necessary. Before commencing court […]


Capco Sells Olympia Exhibition Centre for £296m

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Capco has sold Venues, its exhibition business, comprising Olympia London and related property assets, for £296m to a consortium of German institutional investors advised by investment firm Deutsche Finance International and Yoo Capital, as UK co-investor and asset manager. Fladgate LLP advised Yoo Capital on its investment partnership and asset management arrangements. The consortium includes […]


Fladgate advises Seastar on £15m refinancing of Strand development

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Fladgate has advised the award winning residential developer Seastar on the £15m refinancing of its luxury apartment development (Strand Chambers) at 227-228 Strand in London. The refinancing follows a sale of the retail and restaurant units on the lower floors for £4.5m which completed in February and comprised a number of stages including: The transfer […]


‘No looking back’ – one ATED tax trap to avoid

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April is ATED filing month – 2017/2018 ATED tax returns must be filed and any ATED tax paid by 30 April at the latest. Even if no ATED is due, because a relief from ATED applies, that relief still needs to be claimed on an ATED tax return, which must be submitted by the end […]


Grip tight and hold on: latest trends in the construction of amusement rides

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Quantitative risk assessment techniques are changing the way in which amusement rides are designed, inspected and operated.  Modern rides are becoming dependent on computer-based technology with control systems allowing rides to perform increasingly complex functions at very high speeds.  Passenger safety can depend on the correct operation of control systems and their failure could compromise […]


Construction Industry Council publishes Users’ Guide to Adjudication

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The CIC’s free User’s Guide to Adjudication has just been republished and contains useful advice for anyone involved in adjudication. The Construction Industry Council has republished its free ‘User’s Guide to Adjudication’, updated to 2017. This replaces the 2003 version, which was popular with many in the construction industry – especially those involved in adjudication […]


Planning new experiences? What you need to know

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How public attractions are used is changing.  There is a growing recognition of the increasing demand for a broader night time culture and entertainment offering, which in turn is leading to cities starting to re-evaluate their night time economies.  Sleepovers already allow guests to experience a night at the museum or the zoo and the […]


Fladgate advises Sealand Capital Galaxy on £3m acquisition of SecureCom and re-admission to the Official List

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Fladgate LLP has advised Sealand Capital Galaxy Limited on the £3m acquisition of SecureCom Media Holdings Limited by way of a reverse takeover, a placing raising £1.4m, the re-admission of the Company’s ordinary share capital to the standard listing segment of the Official List and the admission of such share capital to trading on the London […]


Health and safety doesn’t happen by accident

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Everyone loves the excitement of an adrenaline packed day at a theme park, but for some thrill seekers 2016 was a year to forget.  Injuries to passengers after the derailment of a rollercoaster carriage in June 2016 at the UK’s M&D’s Scotland theme park and fatalities on the Thunder River Rapids ride at Australia’s Dreamworld […]