News: August 2017

Renowned photography museum to open in London

Fladgate has advised the renowned photography museum, Fotografiska, on its pre-let and fit-out of the lower ground floors and a new office pavilion at The White Chapel Building, 10 Whitechapel High Street E1, from Derwent London. Fotograviska, which runs the photography museum in Stockholm (pictured), plans to use the space for The London Museum of […]

Employment laws & Brexit

There has been much speculation regarding which employment laws will be scrapped when Brexit finally takes place.  The truth is that it is much too early to give any clear guidance on this. However, it seems to us that many UK employment protections – such as legislation that prevents discrimination, rules regarding maternity and paternity […]

UK rollout for Viandas de Salamanca

Fladgate has acted for the UK arm of Spanish company Viandas de Salamanca on its expansion into the UK market. Primarily a wine maker, the company also produces its own olive oils, cheeses and cured meats.  It is now embarking on a European roll-out of city centre units which will combine retail shops with delicatessen […]

Inheritance Tax planning for business owners is often overlooked

When it comes to selling up or transferring on a business to the next generation, entrepreneurs and family business owners are usually encouraged to take measures to reduce the level of Capital Gains Tax payable on the disposal of the business.  Far fewer entrepreneurs are advised to consider their Inheritance Tax (IHT) planning, though, and […]

Management agreement for new “IBIS Styles” Hotel in Nairobi

Fladgate has advised IMBA Development in negotiating the management and branding agreement for the new “IBIS Styles” Hotel, Nairobi, Kenya. The signing of the management agreement took place at the hotel in the presence of Naushad Jivraj, CEO of Queensway, Steven Daines, CEO of AccorHotels for Africa & Middle East and Olivier Granet, Chief Operating […]

New protection for pubs

Since the Localism Act 2011, public houses have been the most popular use of a building/land to be protected as an Asset of Community Value (ACV). A list of ACVs is kept by each local authority. If land is added to the list it remains on it for five years. During that time the owner […]

Webjet acquires JacTravel for £200m

Fladgate LLP has acted for the management team of JacTravel, a market leading European B2B travel business, on its acquisition by Webjet, the ASX listed online travel agent, for an enterprise value of £200m.  The acquisition will transform Webjet’s B2B business WebBeds, creating the world’s second largest online travel wholesaler. The acquisition will be funded […]

The Aussies are invading?

We have recently acted for the management team of JacTravel Group on the sale of the company to Webjet, an Australian listed entity, having previously acted on the sale of the Totalstay Group to Jac.  Jac is a market leading B2B travel business and together, they will form the number two player in this market […]

Don’t get caught “softlifting”

Fines to UK SMEs exceeded £900,000 in 2016 for using unlicensed software It is certainly no secret that software has become an integral part of the success of modern businesses in recent years. Business management software has assisted with running operations more efficiently, cost reduction and replacement of paper processes. Cloud computing software has also […]

Casino development sold to European operator

Fladgate’s leisure team has advised Saw Close Casino Limited (SCCL) on the real estate aspects of its sale to Austrian based Century Casinos Europe GmbH, whose parent company, Century Casinos, Inc. is listed on NASDAQ.  This is Century Casinos’ first acquisition in the UK. SCCL had previously agreed a 30 year lease for a £5m, […]