Insights: August 2017

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Getting Neymar moving: the legal framework of a soccer transfer

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With Neymar’s world record move from Barcelona to PSG just one of a host of big-money soccer transfers this summer, Fladgate’s Alan Wetterhahn and James Earl explain the legal processes that make a deal happen. The numbers are mind-boggling. And that was the case even before Paris Saint-Germain paid a world record fee of €222 […]


Fladgate advises on restaurant at Squire & Partners' new headquarters

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Fladgate has advised on the development of a new restaurant at their new headquarters in Brixton for Squire & Partners and the letting of the restaurant to Albion & East. The new headquarters is based at The Department Store in Brixton, following 16 years in Kings Cross. The space has been redesigned to enhance existing […]


Fladgate advises 7digital Group PLC on its acquisition from MediaMarktSaturn

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Fladgate has advised 7digital Group PLC on its acquisition of significant European competitor 24-7 Entertainment for £2.2m from MediaMarktSaturn.  It is expected that the acquisition will add £5m to 7digital’s revenues in 2017 and more than £8m in 2018. 7digital Group Plc is a digital music and radio services platform offering B2B services for digital […]


Japanese knotweed: The nightmare neighbour

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The damage that Japanese knotweed can cause has been highly publicised over recent years. Growing by up to 10cm a day, it quickly covers land above ground, and has the potential to spread widely underground. It is said to spread beneath the foundations of properties and compromise their structure; it can cause cracks, undermine garden […]


Cabbage will get UK porridge – but is it grey enough?

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Readers may well be familiar with the regional exhaustion rule which applies to IP rights in the EU, including (for the time being) the UK. Under this rule, IP rights can be exhausted where they are put on the market with the consent of the proprietor in one part of the EU, even if they […]


Fladgate advises CTI Engineering on successful £43m recommended cash offer for Waterman Group

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Fladgate, jointly with Lewis Townsend LLP, has advised CTI Engineering Co. Limited on its successful recommended cash offer for Waterman Group Plc, which values Waterman at approximately £43m. CTI is the oldest of Japan’s top three ranked major consulting engineering companies and has had a full listing on the Tokyo Stock Exchange since 1996. Waterman […]


Veto rights in contracts: can they be exercised freely?

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Parties to commercial contracts generally assume that the express written terms of a contact will be given effect relatively strictly under English law. However, recent court decisions illustrate the courts’ willingness to look beyond the written terms of contracts and to imply unwritten terms in order to give effect to what they consider to have […]


How to help your non-dom clients with IHT

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They say change brings opportunity, so the optimists among you can rejoice (maybe) because, thanks to the present government, a whole new range of clients need your advice (perhaps). Why the equivocation? Well, until recently, it seemed certain that changes affecting the taxation of non-UK domiciliaries (non-doms), which were included in the March 2017 version of […]


Fladgate acts on the refinancing of London & Regional’s headquarters

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Fladgate LLP has acted for London & Regional on the finance aspects of the refinancing of 55 Baker Street, a 530,749 sq ft prime office building owned and managed by London & Regional. The central London property serves as London & Regional’s London headquarters and includes tenants such as BDO, Knight Frank and Oliver Wyman. […]


Legitimate business protection or unenforceable restraint of trade – the problem with post-termination restrictions

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Michael McCartney comments on a recent Court of Appeal decision in Egon Zehnder v Tillman highlighting the challenge employers face when enforcing clauses designed to prevent competition from employees after they leave. The Court of Appeal held that a non-compete restriction which purported to prevent Ms Tillman from having an “interest” in a competing business […]


Payment dates – Miss them at your peril!

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Two recent cases highlight the importance of ensuring both landlords and tenants diarise important dates in legal documents, especially those which involve payments. It seems obvious on the face of it that dates such as rent payment dates in leases must be met. Yet in practice, it happens more often than one would expect that […]


Adjudication: “pay now argue later”

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A recent case has clarified when a party may be able to raise a substantive defence to adjudication enforcement. The courts have long made it clear that they will enforce adjudicators’ decisions save in the most exceptional circumstances. In the context of enforcement proceedings, the courts are not concerned with whether the adjudicator got the […]