Insights: April 2019

Filter insights: Archive:
View by: Grid

Fladgate's Sports Business Group sponsors SportsPro Live 2019

Grant Gordon, Alan Wetterhahn, James Earl, Alex Haffner, Muhammed Bhaimohmed, Tim Reinhard |

For the third year running, our Sports Business Group is pleased to announce our sponsorship of SportsPro Live 2019. SportsPro Live has established itself as the leading event that hosts the biggest influencers in the industry.


Wipro's data breach puts spotlight on outsourcing and security

Tim Wright |

Cybersecurity blog Krebs On Security[1] recently broke the news of a sophisticated cyber attack carried out on Wipro, one of India’s largest IT outsourcing providers. The blog tastes that the attack appears to have been orchestrated over a number of months – although the exact period is disputed, with Wipro claiming the attack only lasted […]


Fladgate advises Noozhoo Nokiiyan LP on its investment in Sonco Gaming UK Ltd

Nigel Gordon, Alex Haffner, Diana Mennie, Muhammed Bhaimohmed, Amanda Hado-Bodfield |

Fladgate was pleased to act for Noozhoo Nookiiyan LP, the investment vehicle of Mississaugas of Scugog Island First Nation, on its investment in Sonco Gaming UK Ltd.


Outsourcer Amey's £48.5 million contractual fine - a closer look at penalties, liquidated damages and service credits

Tim Wright |

Another outsourcer is reported to be facing problems, with reports in the media stating that Amey has been hit with a £48.5 million ‘penalty fine’ for failing to replace two sets of damaged roadside bollards.


"A horse, a horse, my Kingdom not to have said she was a horse…"

Anna Wakeling, Teresa Cullen |

For one UK ex-wife the dangers of commenting on social media have come home to roost. Laleh Shahravesh is facing jail in Dubai following her posted comments responding to her ex-husband’s post about his new wife on Facebook.


Outsourcing agreements: spotlight on step-in rights

Tim Wright |

It was recently reported that the Ministry of Justice (MoJ) has terminated an outsourcing contract with G4S. The termination of the 15-year contract, awarded to G4S in 2011, comes after the MOJ was forced to step-in and take over running the HMP Birmingham in August 2018 the prisons watchdog concluded that the prison was “exceptionally violent” and “fundamentally unsafe” with staff “living and working in fear”.


Fladgate advises BB7 on investment by BGF and acquisition of Omega Fire Engineering

Liam Bracken, Caroline Philipps, Gemma Grunewald, Ian Brent |

Fladgate has advised fire sector specialist BB7 on the investment of £6m by BGF, the UK and Ireland’s most active investor in growing businesses, to create the leading UK fire and security consultancy through acquisition. This began with the acquisition of Manchester based specialist fire consultancy Omega Fire, which will broaden BB7’s geographic reach and service offering.


Cryptocurrency estate planning: lessons from QuadrigaCX

Helena Luckhurst, David Lee |

In a plot line worthy of a Dan Brown novel, the 30 year old CEO and founder of QuadrigaCX, Gerald Cotton, was reported as having died in India at the end of last year, seemingly having taken the passwords to the company’s cold storage wallets with him to his grave.


Fladgate advises Eco (Atlantic) Oil & Gas Ltd on £12.9m fundraise

Grant Gordon, Nigel Gordon, Orit Rioumine Gold, Thomas Edwards |

Fladgate LLP has advised AIM and TSX-V listed Eco (Atlantic) Oil & Gas Ltd on a USD$17 million (£12.9 million) fundraise by way of an oversubscribed placing and subscription.


The end of the blame game - the arrival of no fault divorce

Anna Wakeling, Teresa Cullen |

David Gauke the Justice Secretary has today pledged that the new divorce law, which will be based on “no fault”, will be introduced within three months.


Fladgate advises on recruitment MBO

Diana Mennie, Gemma Grunewald, Ian Brent |

Fladgate has successfully advised Paul Hooper, the founding director of Impact Recruitment, on a management buyout of the East Midlands recruitment company. 


Money (That's what "Tenants" Want): Tenant Incentives and their Treatment

Madeleine Holding |

Capital contributions can be a useful inducement to tenants but proper consideration of their impact is often missed in negotiations. It is important to identify the correct reason for the payment as this can affect the VAT treatment, whether the construction industry scheme (CIS) applies, whether capital allowances are applicable and the treatment of any works on rent review.