News: November 2017

Car parking: display or pay!

The owner of a shop claimed rights to park on an adjoining car park on the basis that it had acquired rights to do so over a period of 20 years’ use. As the car park owner had maintained clearly visible private car park signs, these were indicative of its continuing objection to unauthorised parking […]

Fladgate achieves top tier ranking for Hotels & Leisure

Fladgate’s hotels team is delighted to announce that it has received a top tier ranking in this year’s Legal 500. Transactional highlights in 2017 include advising funds managed by Patron Capital (the pan-European institutional investor focused on property backed investments) on the sale of Luxury Family Hotels to its management team and their backers; acting […]

The rise of competitive socialising

Going to the pub is no longer enough, it would seem.  Increasingly, people are seeking out bars offering leisure pursuits such as darts, golf, table tennis and even axe throwing!  These venues are one of the hottest trends in the leisure sector with new operators appearing regularly. View the following video for highlights from a […]

Brexit for business

The United Kingdom continues to be a member of the EU as well as the Common Market and the Customs Union. This situation will persist at least until the end of March 2019, i.e. the end of the two year negotiation period stipulated by Article 50 of the Treaty of Lisbon which governs the withdrawal […]

Implementing the GDPR

On 25 May 2018 the EU’s General Data Protection Regulation (GDPR) comes into force. The GDPR will replace the UK’s Data Protection Act 1998 in most respects, and be the defining piece of legislation for data protection compliance. The GDPR will increase obligations on businesses dealing with personal data in areas such as: Information to be given […]

Gender pay gap reporting

In an effort to tackle ongoing inequality between male and female pay (the full-time gender pay gap was 9.4% in 2016), the Government introduced new regulations in April 2017 requiring larger employers to publish data regarding the salaries and bonuses paid to employees. The regulations apply to any private or voluntary sector employer with 250 […]

Khanna to develop 145 bedroom hotel in Manchester

Fladgate LLP has acted for Khanna Enterprises (Manchester) Limited on the acquisition of Invicta House, Atkinson Street, Manchester.  The purchase was conditional on securing planning permission for change of use from an office to a hotel and the subsequent development of a new build, 145 bedroom hotel.  Real estate partner James Fry led the Fladgate […]

How do I rate thee? Let me count the ways

Business rates, or non-domestic rates, are charged on most non-domestic properties and are calculated by looking at the property’s “rateable value” i.e. its open market rental value. The use of a property is taken into account when calculating its rateable value. How is the rateable value calculated, then, when a property has a number of […]

FEMSA sells €2.5bn sale of shares in Heineken

Fladgate LLP has advised FEMSA (Fomento Económico Mexicano, S.A.B. de C.V.) in connection with its on-market sale of approximately €2.5bn worth of shares in Heineken NV and Heineken Holding N.V., representing 5.24% of FEMSA’s combined interest in the Heineken Group.  Following completion of the equity offering FEMSA retains a combined interest in the Heineken Group […]