Insights: October 2018

A fine imposed by the ICO on a company accused of sending millions of unsolicited emails was overturned last month by the Appeal Tribunal[1]. The ICO had initially issued the fine against Xerpla Ltd, for a breach of regulation 22 of the Privacy and Electronic Communications Regulations (PECR) against unsolicited communications. In brief, this regulation […]

Leading UK law firm Fladgate has advised the shareholders of legal indemnity insurance specialist Title & Covenant Brokers on its sale to Stackhouse Poland. The acquisition will further strengthen Stackhouse Poland’s position in the real estate sector, adding a new dimension to Stackhouse Poland’s existing proposition for real estate clients. David Turschwell, Managing Director and […]

Litigation partner Alexander Wildschütz discusses one of his recent cases highlighting the impact of invisible third party rights on creditors’ interests. Our client, a German bank, had obtained a judgment in the German courts against a former customer for the payment of €1.3m owed under various loan agreements. We quickly established that the debtor was […]

Fladgate is delighted to have advised Sylphar N.V. on its acquisition of majority stakes in the UK companies Pro Teeth Whitening Co Ltd and Nutravita Ltd. Fladgate worked closely with Sylphar’s Belgian lawyers, Argo Business Law Group. Sylphar, which is backed by the private equity firm Vendis Capital, is a fast-growing over-the-counter consumer healthcare business […]

As well as assisting London Executive Offices (LEO) with various asset management matters, Fladgate LLP is delighted to have been able to act on another acquisition for them, this time at One King William Street. LEO already had three floors in the building but has now added two further floors and extended the existing leases so […]

In June 2018 a criminal court in Lecce, Italy handed down a landmark ruling, convicting an individual of fraud for posting fake reviews online. The court passed down a sentence against the owner of PromoSalento, a company which sold false reviews to hospitality businesses, finding him guilty on the grounds of using a fake identity […]

An attempt to appeal the UK’s first Unexplained Wealth Order (UWO) has recently failed in the High Court. In February 2018, the UK’s National Crime Agency sought an UWO against Mrs A (whose anonymity may only be temporary), seeking information about the purchase of a valuable London property. UWOs require an individual to provide a […]

Fladgate LLP is delighted to have completed the acquisition of a leasehold interest for DPR Group Limited in Commodity Quay, St Katharine’s Dock, London.  DPR are moving their head office from existing premises in International House, also in St Katherine’s Dock. Gavin Whitney, client partner and real estate lead, commented: “This is our first transaction for DPR […]

Continuing the trend of strategic recruitment prominent in recent years, Fladgate LLP is delighted to announce that real estate partners Simon Kanter and Alan Karsberg will be joining the firm from CMS. Specialising in large-scale real estate investment deals, asset management and corporate occupier work, the pair bring with them an established client base that […]

One of the less talked about implications of losing capacity in old age is that Inheritance Tax (IHT) planning often becomes impossible without court intervention.  Incapable wealthy family members cannot make gifts because they lack the capacity to authorise them.  Even if they have had the foresight to sign a Property & Financial Affairs Lasting […]