Insights: Kim Fowler

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Fladgate advised KCR Residential REIT plc on its placing of shares raising £4.05m

Nigel Gordon, David Lee, Ashleigh Brinklow, Caroline Philipps, Paul Airley, Richard Reuben, Edward Morgan, Kelly Whiter, Kim Fowler, Zevi Prager, Thomas Edwards, Yasmin Daswani, Tim Reinhard |

Fladgate was pleased to act for KCR Residential REIT plc on the subscription by private equity fund, Torchlight for 9 million ordinary shares for a total subscription of £4.05m and the grant of an option to subscribe for an additional 50 million ordinary shares. KCR intends to consolidate its presence in the UK and to […]


Terminating PFI contracts: What it really costs

Kim Fowler |

The rise of Corbynomics and the fall of Carillion have put PFIs in the spotlight. What would terminating such contracts actually involve? At the Labour Party Conference last year, John McDonnell raised the idea that public sector bodies could provide better value for money in certain service areas if the government was to terminate long-term […]


CIS taxation: who is caught by the regime?

Kim Fowler |

The Construction Industry Scheme (CIS) regime was introduced under the Finance Act 2004 to regulate tax on payments between contractors and subcontractors for construction work. The regime requires subcontractors to be registered with HMRC in order to receive payments gross (i.e. without deduction of tax). If subcontractors are not registered, contractors are then obliged to […]


How effective is the NEC’s ‘mutual trust and co-operation’ provision?

Kim Fowler |

A number of recent cases have reopened questions of implied obligations of good faith in NEC contracts. The NEC standard clause 10.1 requires that the parties “shall act as stated in this contract and in a spirit of mutual trust and cooperation” which is arguably an attempt to enshrine an overriding good faith obligation into […]