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Lessons from Carillion: directors’ duties and practical tips

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With the Commons Select Committee inquiry into Carillion in full swing, the press reports feature sensational allegations levelled at the directors and former directors. The FCA is looking into the market announcements that were made pre-liquidation, one shareholder is calling for an investigation into management and the Chair of the Work and Pensions Committee has described […]


Event: Employee share incentives in private companies

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Share incentives can offer a cost and tax efficient way to motivate and reward employees. However they are often overlooked by private companies who assume that establishing a share plan would be […]

Fladgate partners achieve success in Chambers Global 2018

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Fladgate is delighted that the following partners are featured in the latest edition of Chambers Global – The World’s leading Lawyers for Business. Individuals are ranked after extensive research by the Chambers team with opinions sought from clients, peers, referees and competitors. Germany Dispute Resolution (Foreign expert for Germany) Alexander Wildschütz Alexander Wildschütz of Fladgate […]


Can ATE insurance constitute adequate security for costs?

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The Court of Appeal in Premier Motorauctions Ltd (in liquidation) v Pricewaterhousecoopers LLP[1] has considered the extent to which an After the Event (ATE) insurance policy is relevant when the court is considering granting security for costs. The case is significant because it raises questions of principle which had not previously been considered at an […]


Attorneys and gifts

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The Public Guardian’s new ‘Practice Note PN7: giving gifts’ is a must-read for any attorney appointed under an Enduring or Lasting Power of Attorney, or deputy, faced with the thorny issue of whether they can use the incapable donor’s funds in a transaction which is not for value – such as a payment by way […]


Fladgate advises Angus Energy plc on £4m acquisition

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Fladgate has advised Angus Energy Plc on its agreement to form a new partnership with Cuadrilla Balcombe Limited and Lucas Bolney Limited. Under the terms of the agreement, Angus will acquire a 25% interest in licence PEDL244 which includes the entire Balcombe field discovery. Angus will pay a total of £4 million, and has subsequently […]


Fladgate advises Rooms & Studios Group on £61m development loan

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Fladgate has acted for the Rooms & Studios Group (the Group) in connection with all legal aspects pertaining to a development loan to fund two PRS development schemes: one in Crawley, Sussex and one in Sudbury, West London.  The Group’s development arm has secured two senior debt facilities totalling just under £61m from Investec Structured […]


Restrictive covenants; do they mean I can’t redevelop my property?

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Introduction Developers often identify land that looks good for development on the face of it, only to discover that there are restrictive covenants preventing the land from being developed or used in the way they would like. This can be incredibly frustrating; especially where the restrictive covenants are historic and the interests they seek to […]


A tale of Two Right Feet: indemnity costs for baby business

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The tale of Two Right Feet Limited reminds us of the importance of investigating and considering the merits of a claim prior to commencing proceedings, and the dangers of forging ahead with speculative litigation. In July 2017 a judgment of the High Court of Justice in Two Right Feet Limited (In Liquidation) v National Westminster […]


Fladgate advises Mindspace on their second London office lease

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Fladgate has advised Mindspace, the international provider and operator of high-quality and design-led co-working workplaces, with the leasing of their second London premises. Earlier last year, Mindspace acquired (by way of a lease) their first premises in London at the Relay Building on Whitechapel High Street – a transaction which was also dealt with by […]


Limitation periods and standstill agreements: How can they impact your claims?

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What do contractors need to be aware of when considering limitation periods, and how can it affect the claims they make? Claims arising from construction projects often require consideration of the law of limitation. Limitation periods are statutorily prescribed windows within which claimants must commence claims. These periods do not, however, sit naturally against the nature […]


Block-insurance-buster

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Block insurance policies are a very common way of insuring multiple properties. Landlords can benefit from economies of scale and may find the administration easier with only one renewal date and uniform terms. However, earlier this year the Upper Tribunal held that one landlord could not recover its block policy premia, despite being permitted to […]