Insights: March 2021

Sheth becomes the first BAME Senior Partner at a top 100 UK law firm 31 March 2021 – Fladgate is pleased to announce the appointment of Sunil Sheth as the firm’s new Senior Partner, effective from 1 April 2021. Sunil replaces Richard Reuben, who will remain with Fladgate as a Partner in the firm’s real […]

Fladgate has advised JOOS on the negotiation and successful conclusion of a landmark agreement with the Marylebone Cricket Club (MCC) for JOOS to make available its portable mobile phone chargers to spectators and users of the iconic Lord’s Cricket Ground. JOOS, which provides mobile phone power banks on the go via an easy to use […]

Most people working in the Construction and Engineering sector will be familiar with the suite of NEC contracts. Then known as the ‘New Engineering Contract,’ the first NEC contract was published by the Institution of Civil Engineers in 1993 – a radical departure from existing building and engineering contracts, written in plain language and designed […]

Fladgate advised Dev Clever Holdings plc (Dev Clever), a leading developer of online and immersive career guidance and development platforms and consumer engagement experiences, listed on the LSE’s Main Market (Standard segment). Dev Clever has published a secondary prospectus, following which 30 million new ordinary shares have been issued to each of Intrinsic Capital Jersey […]

Non–fungible tokens (NFTs) are big news. NFTs are special types of cryptographic tokens. Unlike cryptocurrencies, such as bitcoin, that are fungible (i.e. one bitcoin can be exchanged for another), NTCs are not interchangeable. Each NFT is a unique token on a blockchain, but unlike crypto, they store extra information which provide collectors the opportunity to build a digital […]

The Central Bank of Ireland (CBI) recently opened a consultation on cross-industry guidance on outsourcing.[1] At the same time the CBI published new draft cross-industry outsourcing guidance[2] which will come into effect later this year. The guidance will apply to all regulated firms in Ireland. The CBI sees the management of outsourcing risk as key […]

In 2020 we saw a startling number of familiar high street names disappear from shop fronts, or at least diminish their high street presence. Recent research commissioned by PWC quantified this as an average of 48 UK shops in chains closing every day during 2020. High street retail was hit hard by the coronavirus pandemic. […]

PCB Litigation LLP (PCB) and Byrne and Partners LLP, both disputes law firms, have agreed to merge to form PCB Byrne LLP with effect from 1 April 2021. The intention is for PCB Byrne to become the “go-to” firm for disputes and litigation across civil, criminal and regulatory sectors. We advised PCB on all legal […]

While, in general, a buyer of a business and assets from an administrator will not take over any liabilities of the seller, there are exceptions. One exception relates to employees (on which see the separate article in this series on the impact of TUPE), but there will also be certain commercial contracts of the business […]

Being a global behemoth brings with it the likelihood of extra regulatory oversight. There has been much debate over whether the ubiquity of companies such as Facebook, Google and Apple in our daily lives is a good thing overall. In any network based industry, with market power comes not only the ability to influence consumers’ […]

Lord Hill has published his committee’s recommendations to enhance the UK’s position as an international destination for equity listings. The aim is to make the UK’s listing regime more attractive and flexible, particularly for high growth companies such as future technology giants. The innovations as regards founder shares and SPACS in particular seek to catch […]