News: January 2017

Leeds super casino opens for business

Fladgate is delighted to have advised on the multimillion-pound Victoria Gate Casino that opened in Leeds on 26 January. The 1,400-capacity venue, operated by Global Gaming Ventures, is one of the largest casinos in the UK and forms part of a new retail and leisure scheme being undertaken by Hammerson. The 50,000 square foot venue […]

How not to build a hotel

Barry Hembling, partner in the construction and engineering team at Fladgate LLP, explains the key pitfalls hoteliers should avoid when undergoing construction projects. Too many construction projects encounter problems that can easily lead to delays and cost overruns if not managed properly with some of these issues arising on projects in the hotel sector. Whilst […]

Acquisition and financing of central London hotel

Fladgate has advised Audley Grosvenor Limited on a development agreement for lease with Grosvenor.  This was for the acquisition of a £40m long lease interest of premises at 22 Grosvenor Square, 43 North Audley Street and 1 Lees Place, London W1 for the construction of a 32 room boutique hotel, restaurant and private members club […]

Sale of Original Travel to Voyageurs du Monde

Fladgate has advised the founder and management shareholders of bespoke travel company Original Travel on the sale of their shares to a newly incorporated SPV backed by Voyageurs du Monde S.A., and on the terms of their ongoing involvement with the business. Original Travel is one of the UK’s fastest growing tailor-made travel companies; it […]

Victorian working conditions in modern workplaces?

In August 2016, Sports Direct admitted breaking the law by failing to pay the National Minimum Wage (NMW) following pressure from the media and a widely publicised and damning report by the Business, Innovations and Skills (BIS) Select Committee in the Summer. The CEO resigned, followed by the CFO, and the company group share price […]