The Fladgate Insolvency and Restructuring team have been advising clients with the understandable desire to conserve cash. If not handled correctly, your efforts to negotiate terms with suppliers and staff could in fact increase the liabilities of the business, restrict the company’s ability to oppose a winding up petition and leave you personally exposed for […]
The Aviation (Enforcement and Recovery) team has been advising clients on issues arising from the current crisis. Three main themes emerge from the current challenges in the airline sector: 1.) Airline insolvency risk. A number of leasing companies have claims for unpaid rent and maintenance rent. These claims can be pursued by: applying security deposits […]
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 is delighted to announce the appointment of commercial litigation and international arbitration specialist John Evans as a partner in the Firm’s Dispute Resolution department. John brings with him a wealth of international commercial arbitration experience spanning across Europe, the US, Africa, Russia and the CIS. He has acted for both claimants and respondents in […]
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 […]
On 15 January 2018 Carillion PLC and a number of its subsidiary companies (Carillion) went into liquidation, with the High Court appointing the Official Receiver as liquidator and six partners of PWC as special managers. Those clients who have contracts with Carillion or who are owed money may find the following guidance useful: Check carefully […]
Fladgate LLP is delighted to have achieved across the board rankings in the recently launched 2017 edition of the Legal 500 Guide to the UK Legal Profession. The firm achieved 26 rankings, with 59 lawyers attaining 91 individual recommendations. Commercial contracts Fladgate LLP enhanced its commercial contracts offering with the recruitment of James Earl, an expert in the […]
Following parliamentary inquiries into high-profile retailers over summer 2016, the government promised an overhaul of corporate governance law. The rhetoric was strong and the claims by members of select committees were sensational as they spoke against wellknown business people, particularly in relation to the sums they had paid to themselves. Please click here for PDF […]
Fladgate LLP is delighted to have achieved across the board rankings in the recently launched 2016 edition of the Legal 500 Guide to the UK Legal Profession. The firm achieved 27 rankings with a further 57 individual recommendations. Commercial contracts Eddie Powell led the advice to MLCG on the negotiation of a multi-year exclusive supply agreement with […]
In July 2013 the Financial Reporting Council Disciplinary Tribunal (tribunal) made 13 findings against Deloitte & Touche and one of its partners including that they had failed to consider the public interest before accepting or continuing their engagements on relation to two transactions in relation to the MG Rover group of companies. The decision caused […]
Fladgate LLP is delighted to have achieved across the board rankings in the recently launched 2015 edition of the Legal 500 Guide to the UK Legal Profession. The firm achieved 23 rankings with a further 48 individual partner recommendations. Commercial contracts – Recommended Fladgate LLP advises on a broad variety of contracts, such as the franchising […]
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