Insights: August 2017

Filter insights: Archive:
View by: Grid

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

, , , , |

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

|

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!

|

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”

|

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 […]


EU General Court opinion delivers boost to brands selling online

, |

You don’t need to be a PR guru to know that branding is all about image. This is never truer than for high-end or luxury brands, which strive to deliver a customer experience that is consistent with, and can be justified by, the price tag. This sensitivity to customer experience is borne out in distributor […]


New protection for pubs

|

Since the Localism Act 2011, public houses have been the most popular use of a building/land to be protected as an Asset of Community Value (ACV). A list of ACVs is kept by each local authority. If land is added to the list it remains on it for five years. During that time the owner […]


Fladgate advises JacTravel on £200m acquisition by Webjet

, |

Fladgate LLP has acted for the management team of JacTravel, a market leading European B2B travel business, on its acquisition by Webjet, the ASX listed online travel agent, for an enterprise value of £200m.  The acquisition will transform Webjet’s B2B business WebBeds, creating the world’s second largest online travel wholesaler. The acquisition will be funded […]


EPCs and minimum energy efficiency standards for private rented properties

|

The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (Regulations) introduced measures to improve energy efficiency in both residential and non-residential private rented properties in England and Wales. The purpose of this article is to provide an overview of the changes brought about by the Regulations and to consider their practical implications for […]


Fladgate advises Mindspace on the opening of its first London coworking space

, , , , , , , , , |

Fladgate has assisted Mindspace, a European provider of coworking space, in its entry into the UK market and all legal aspects relating to the opening of its first facility in London.  This involved completing a lease of two floors totalling 31,000 sq ft at the Relay Building, London E1 and assisting Mindspace with its plans […]


CIS taxation: who is caught by the regime?

|

The Construction Industry Scheme (CIS) regime was introduced under the Finance Act 2004 to regulate tax on payments between contractors and subcontractors for construction work. The regime requires subcontractors to be registered with HMRC in order to receive payments gross (i.e. without deduction of tax). If subcontractors are not registered, contractors are then obliged to […]