How do I rate thee? Let me count the ways

6 November 2017

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 […]

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FEMSA sells €2.5bn sale of shares in Heineken

2 November 2017

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 […]

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Annual Hotel Finance, Investment and Development briefing

30 October 2017

Fladgate is delighted to have two partners, Barry Hembling, construction partner, and Eddie Powell, commercial and IT partner, speaking at the annual Hotel Finance, Investment and Development briefing in London on Thursday 30 November. Their session ‘Key Legal Issues that MUST be Considered when Developing and Operating New Hotels’ will focus on legal and contractual issues. […]

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Is your building WELL?

27 October 2017

The WELL Building Standard is the first building standard which focuses on the health and wellbeing of the building occupants and gives a ‘wellness’ rating for buildings. The WELL Building Standard is an international standard which is administered by the International WELL Building Institute, a public benefit corporation based in the US, whose mission is […]

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AHC conference – key themes

24 October 2017

The Fladgate team was delighted to be back again at the AHC conference in Manchester earlier in the month. We were even more delighted to learn, mid conference, that we had been moved up to top tier rankings for hotels work by The Legal 500. It added to a vibrant conference, key themes and topics […]

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Patron Capital sells Luxury Family Hotels

20 October 2017

Fladgate LLP has advised 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. The acquisition, for an undisclosed sum, includes five of its hotels – Woolley Grange, The Ickworth (pictured), New Park Manor, Moonfleet Manor and […]

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Cinema Holiday Pay

17 October 2017

The question of how to calculate holiday pay has been perplexing employers and their legal advisers since 2014, when a case brought by a British Gas worker upset the status quo. The worker in question, Mr Lock, received results-based commission in addition to his basic salary. However, when he was on holiday, Mr Lock was […]

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Top ranking for hotels & leisure team in Legal 500 2017

12 October 2017

Fladgate’s hotels and leisure team is delighted to have received a top tier ranking in this year’s Legal 500, published yesterday. Editorial commentary states: “Fladgate LLP’s ‘strong team with strength from partners to associates’ is ‘very experienced in the leisure sector’, where key players include the ‘very commercial and deal orientated’ Stephen Lewis, and Mark […]

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$20m investment round for Victor

10 October 2017

Fladgate LLP has acted for leading on-demand private jet charter marketplace Victor on its $20m Series B investment round. The lead investor was BP Ventures, the tech-focused venture capital arm of the BP group. Victor intends to use the proceeds of the fundraising to accelerate the next phase of its ambitious growth trajectory. The company […]

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Amusement rides: the seven deadly sins

6 October 2017

Following a number of recent high profile accidents, the issue of health and safety in the themed entertainment industry continues to be under close scrutiny. Indeed, there is recognition that work remains to be done to satisfy the high health and safety standards that the public clearly expects.  Unfortunately, there are some common, but avoidable, […]

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