Insurance and liability: points to watch out for

20 June 2017

We frequently are instructed to review management and franchise contracts for potential owners looking to bring in a TPO or franchise a big brand.  Buried in amongst the legal clauses towards the back of the contract are the clauses dealing with liability and insurance, which are often overlooked in the excitement of discussing performance tests, […]

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Fladgate advises on Amy Winehouse statue loan agreement

14 June 2017

Fladgate’s leisure team has acted for The Camden Market Management Company Limited on an agreement for the loan of the official Amy Winehouse statue, which is on display at Camden Market Stables. Winehouse (1983–2011) was a British singer and songwriter who had become strongly associated with Camden Town until her death in 2011.  The work […]

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Brexit – The Divorce Bill

7 June 2017

On 1 January 1973, the United Kingdom acceded to the treaties constituting the European Communities.  Just over a year later, one of England’s greatest judges, Lord Denning, remarked that Community law “…is like an incoming tide. It flows into the estuaries and up the rivers. It cannot be held back…” The present state of EU/UK […]

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Navigating loan negotiations: tips for hoteliers

31 May 2017

For those setting up a hotel business an inevitable part is negotiating financing arrangements. Hotel lenders will want as high a level of control as possible over any new hotel business due to the higher risk profile.  However, hoteliers need to be aware that giving up too much control can stifle their ability to be […]

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Olympia London sold for £296m

24 May 2017

Capco has sold Venues, its exhibition business, comprising Olympia London and related property assets, for £296m to a consortium of German institutional investors advised by investment firm Deutsche Finance International and Yoo Capital, as UK co-investor and asset manager. Fladgate LLP advised Yoo Capital on its investment partnership and asset management arrangements. The consortium includes […]

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Gareth Bale’s new sports bar

17 May 2017

Continuing its association with footballer Gareth Bale, the Fladgate Sports Business Group has advised the Welsh international and Real Madrid player on his joint venture with Welsh brewery Brains to open a new premium sports bar and restaurant in the heart of Cardiff City Centre. ‘Elevens Bar & Grill’ is scheduled to open later in […]

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Key trends in the cinema market

10 May 2017

Mark Saunders, Stephen Lewis and Darran Smith from Fladgate attended the recent Leisure Property Forum discussion on key trends in the cinema market. The talk was led and hosted by Toby Hall from CBRE at their offices in Henrietta Place with representatives of the some of the main competitors giving an update on how they […]

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Sale of Holiday Inn Kenilworth

3 May 2017

Fladgate’s hotels and leisure team has acted for Khanna Enterprises (Holdings) Limited on the sale of Khanna Enterprises (Kenilworth) Limited, the company owning the 115 bedroom Holiday Inn Kenilworth, Warwick to BGAM Hotels for £10.4 million.  Situated in Kenilworth town centre, the hotel benefits from a Marco’s New York Italian and an onsite Starbucks café. […]

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Constructing Excellence Awards

28 April 2017

Congratulations to all of the teams shortlisted for this year’s Constructing Excellence Awards.  The presentations at Fladgate’s offices on 27 April 2017 were, without exception, of an extremely high calibre and quality which bodes well for the construction industry. The Awards focus attention on some of the most important issues for the construction sector. They […]

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Two Hampton by Hilton hotels open within 24 hours

12 April 2017

Fladgate’s hotels and leisure team is delighted to have advised one of the world’s leading modular building providers, CIMC Modular Building Systems (CIMC), on its first full development projects in the UK, the recently opened 201 room Hampton by Hilton hotel at Bristol airport.  The project completed just one day after the opening of the […]

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