What is happening? Under pressure from the EU, the UK government is narrowing the scope of two key anti-avoidance measures that affect the taxation of offshore structures (e.g. non UK companies and non UK resident trusts). A further draft of the proposed new legislation was released on 11 December 2012. The rules will come into […]
Fladgate LLP has advised Premier African Minerals Limited (Premier) on its admission to AIM. Premier was established to acquire and develop mineral properties throughout Africa, especially in West and Southern Africa. The Company works across a wide range of commodities including tungsten, phosphates, lithium and tantalum, rare earth elements and clays. Premier raised £1.5 million […]
Many people like the idea of creating a trust as part of their succession planning. Trusts enable wealth to be set aside for the next generation, but at the same time they can be extremely flexible and be tailored to a family’s changing circumstances and needs (for instance, the trustees can be given discretion about […]
Fladgate LLP advised a group of private investors on the acquisition of Four Seasons Hotel, located in Regents Park, London. The investors were advised by a cross department team at Fladgate that included partners Sunil Sheth (corporate), Amy Collins (corporate) and Antonia Brandes (real estate), associate Mythily Katsaris (corporate) and solicitor John Forde (tax). Fladgate’s […]
Fladgate LLP has advised Abriand Limited (Abriand), a company established by management to acquire, by way of a takeover offer, the entire issued share capital of Brasserie Bar Co Limited, which owns the Blanc Brasserie premium casual dining business and The White Pub Company gastropub business. In turn, Abriand was funded through a £20m debt […]
Fladgate LLP has advised Indian based Bird Group, a conglomerate of independent companies in the travel and technological arenas, on the acquisition and refinancing of The Royal Park Hotel. The Royal Park Hotel is a boutique hotel located on Westbourne Terrace, comprising three carefully restored, mid 19th-century Grade II listed townhouses. US-based Interstate Hotels and […]
On 9 December 2010 the government published draft legislation designed to prevent the use of trusts and other third party structures as a means of reducing tax on employment income. The government is particularly keen to prevent the use of employee benefit trusts (EBTs) and employer-financed retirement benefit schemes (EFRBs) for such purposes. Employers and […]
Fladgate LLP acted for Ila Security Limited and its founding shareholders on the acquisition of Ila by AIM listed, Jersey registered Baylon Holdings Limited, by way of a reverse takeover. Ila manufactures, markets and sells personal security devices for women. The acquisition will allow Ila to expand its UK market and assist its expansion in […]
HM Revenue & Customs (HMRC) has confirmed that its policy on the VAT treatment of service charges will remain unchanged despite a recent ruling of the European Court of Justice (ECJ) that had appeared to conflict with its longstanding position. In its new guidance, issued on 27 October 2009, HMRC states that its policy remains […]
The legal content provided by Fladgate LLP is for information purposes only and should not be relied on in any specific case without legal or other professional advice.
Copyright is owned by Fladgate LLP and all rights in such copyright are reserved. Material is not to be reproduced in whole or in part without prior written consent.
Fladgate LLP is a limited liability partnership, registered in England and Wales with registered number OC334334. It is authorised and regulated by the Solicitors Regulation Authority, number 484783. The term partner is used to refer to a member of Fladgate LLP. A list of members is available at the registered office shown above.