Fladgate LLP has advised Fiinu Ltd, a UK-based AI start-up on its £1.7 million seed investment round led by prominent early stage venture capital investor Kindred Capital. Founded by doctoral-candidate Marko Sjoblom, Fiinu’s vision is to fill a significant funding gap caused in part by regulatory changes in the overdraft market. Fiinu aims to achieve […]
The COVID-19 situation is rapidly evolving. As countries around the world act to try and stem the contagion, businesses face serious disruption to their supply chains. In recent years, supply chains have become increasingly global, frequently supporting just-in-time and similar manufacturing techniques, and are often complex with component parts crossing borders at various stages of […]
Ever-increasing coronavirus (COVID-19) cases and guidance has understandably led to us receiving a large number of requests for advice on employment related issues. In this mailing we summarise the most popular FAQs for you, including rights and pay for self-isolating employees and those with caring responsibilities. Are employees entitled to pay when self-isolating? The Statutory […]
Fladgate LLP has advised Dev Clever Holdings plc (LON: DEV), a leading developer of consumer engagement solutions and career development platforms, on the acquisition of Phenix Digital Limited, a multi-service digital agency in the education sector, for a mixture of cash and shares. Phenix Digital has achieved significant success in the education sector since it […]
As the UK ramps-up its response to COVID-19, with the government now advising that anyone displaying symptoms of a high fever or continuous cough self-isolate for 14 days (along with each member of their household), significant economic repercussions are almost but inevitable. In last week’s Budget the Chancellor pledged to help small and medium sized […]
The High Court recently handed down a summary judgment confirming in no uncertain terms that cheats never prosper. The action was brought by Take-Two Interactive, the publishers and developers of GTA V, against five defendants who had developed cheat software for GTA V named ‘Epsilon’ (not to be confused with the in-game ‘program’ (or cult) […]
The Fladgate Aviation team has secured an important result for an aircraft leasing company facing a claim by an airline lessee for the full costs of a performance restoration of engines. The issue was whether the airline could circumvent the strict terms of the lease which limited the leasing company’s liability to contribute to the […]
Fladgate has advised Patron Capital, the pan-European institutional investor focused on real-estate backed investments and their JV partner APAM, on the sale of Arlington Business Park (ABP) to Singapore’s CapitaLand for a total consideration of £129.25 million. Patron Capital and APAM acquired the business park in 2015, and Fladgate advised the joint venture on this […]
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