Insights: June 2017

The announcement by prime minister Theresa May on 28 June 2017 that the cladding used at Grenfell Tower did not comply with Building Regulations is a worrying development in this tragic saga.  How defective cladding came to be installed in circumstances where the public rightfully expect construction works to be properly carried out and certified […]

On 30 June, the V&A Museum formally opens its new Exhibition Road Quarter.  This c£50m construction project involved creating a stunning new entrance, courtyard and purpose-built gallery for the historic South Kensington site. Fladgate’s construction team, led by Digby Hebbard, acted for the V&A throughout this exciting project.  We initially engaged in connection with procurement and […]

Fladgate has advised Aspers UK Holdings Limited on a joint venture with Stride Gaming plc to set up Aspers Online Limited. The online casino will be operated under the Aspers brand and Stride will provide the infrastructure and marketing. Aspers online business is targeted to launch in Q4 2017. Damian Aspinall, Chairman of the Aspers […]

Fines to UK SMEs exceeded £900,000 in 2016 for using unlicensed software It is certainly no secret that software has become an integral part of the success of modern businesses in recent years. Business management software has assisted with running operations more efficiently, cost reduction and replacement of paper processes. Cloud computing software has also […]

Updates for real estate professionals

The UK is currently developing over £500 billion worth of major infrastructure projects that include over 720 schemes set out by the National Infrastructure and Construction Pipeline up to 2020/21. With only half of the funding estimated to be coming from public investment, the UK must look abroad for international investment partners if these ambitious […]

It is common for heads of terms to refer to a licence to use or occupy a property when the agreed terms would actually be construed as a lease. The two terms are bandied around and often used interchangeably; knowing the difference is key to avoiding lengthy and costly proceedings which go hand in hand […]

When are exhibitors responsible for the unexpected actions of their employees? Mike Tremeer, Senior Associate at Fladgate LLP, sheds some light on the matter by examining a recent case. For many years, businesses have grappled with the issue of being held responsible for their employees’ actions. Often, responsibility can be assumed – an employee placed […]

Fladgate advised new client Opus, a £150m quoted Swedish company, on the acquisition of UK company Autologic Diagnostics, a world leader in advanced aftermarket automotive diagnostics. Opus is a world leader in managing vehicle inspection programs with operations in the US, Europe, Latin America and Asia. Autologic’s 2016 revenue was £16.5m with EBITDA of £2.6m. […]

Recent years have seen the introduction of many measures worldwide aiming to increase transparency and share information between countries in relation to taxpayers and their assets. While the UK has been party to many of these, it is now taking steps to become the first country in the world to require a register of the […]

A common way of securing retail or office space is to take an assignment of a lease from an existing tenant. Leases usually contain a requirement for landlord’s consent to such an assignment. A recent case has highlighted the importance of ensuring that if the proposed assignee makes the application, they specifically confirm that they […]

Fladgate’s leisure team has acted for The Camden Market Management Company Limited on an agreement for the loan of the official Amy Winehouse statue, which is on display at Camden Market Stables. Winehouse (1983–2011) was a British singer and songwriter who had become strongly associated with Camden Town until her death in 2011.  The work […]