Insights: February 2018

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Fladgate advises London Executive Offices on acquisition of new 10 year lease from Great Portland Estates

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Fladgate LLP has advised London Executive Offices Limited on its acquisition of a new 10 year lease from Great Portland Estates in their 30 Broadwick Street development.   The letting was of the last vacant floor in the scheme. Gavin Whitney, real estate lead on the transaction, said: “We are delighted to be involved with helping […]


Reasonable Care v. Fitness for Purpose

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At first glance, one may assume that a case concerning offshore windfarms would be of little interest to developers outside the energy sector.  However, the outcome of the recent MT Højgaard v E.ON case has a wider impact when considering design obligations under a building contract. A key issue in the case (upon which responsibility for a […]


Rail projects: 3 mistakes your team must avoid

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The sector holds many demons but disputes over complex contracts and tricky engineering can be dodged with a few sensible steps. With record levels of investment in the rail sector, parties carrying out track works should learn from previous disputes to avoid the same mistakes being repeated. Here are three points to consider. Agree relevant […]


Lessons from Carillion: directors’ duties and practical tips

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With the Commons Select Committee inquiry into Carillion in full swing, the press reports feature sensational allegations levelled at the directors and former directors. The FCA is looking into the market announcements that were made pre-liquidation, one shareholder is calling for an investigation into management and the Chair of the Work and Pensions Committee has described […]


Event: Employee share incentives in private companies

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Share incentives can offer a cost and tax efficient way to motivate and reward employees. However they are often overlooked by private companies who assume that establishing a share plan would be […]

Fladgate partners achieve success in Chambers Global 2018

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Fladgate is delighted that the following partners are featured in the latest edition of Chambers Global – The World’s leading Lawyers for Business. Individuals are ranked after extensive research by the Chambers team with opinions sought from clients, peers, referees and competitors. Germany Dispute Resolution (Foreign expert for Germany) Alexander Wildschütz Alexander Wildschütz of Fladgate […]


Can ATE insurance constitute adequate security for costs?

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The Court of Appeal in Premier Motorauctions Ltd (in liquidation) v Pricewaterhousecoopers LLP[1] has considered the extent to which an After the Event (ATE) insurance policy is relevant when the court is considering granting security for costs. The case is significant because it raises questions of principle which had not previously been considered at an […]


Attorneys and gifts

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The Public Guardian’s new ‘Practice Note PN7: giving gifts’ is a must-read for any attorney appointed under an Enduring or Lasting Power of Attorney, or deputy, faced with the thorny issue of whether they can use the incapable donor’s funds in a transaction which is not for value – such as a payment by way […]


Fladgate advises Angus Energy plc on £4m acquisition

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Fladgate has advised Angus Energy Plc on its agreement to form a new partnership with Cuadrilla Balcombe Limited and Lucas Bolney Limited. Under the terms of the agreement, Angus will acquire a 25% interest in licence PEDL244 which includes the entire Balcombe field discovery. Angus will pay a total of £4 million, and has subsequently […]


Fladgate advises Rooms & Studios Group on £61m development loan

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Fladgate has acted for the Rooms & Studios Group (the Group) in connection with all legal aspects pertaining to a development loan to fund two PRS development schemes: one in Crawley, Sussex and one in Sudbury, West London.  The Group’s development arm has secured two senior debt facilities totalling just under £61m from Investec Structured […]


Restrictive covenants; do they mean I can’t redevelop my property?

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Introduction Developers often identify land that looks good for development on the face of it, only to discover that there are restrictive covenants preventing the land from being developed or used in the way they would like. This can be incredibly frustrating; especially where the restrictive covenants are historic and the interests they seek to […]