Insights: Sasha Pirbhai

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Fladgate advises Turner on major office pre-let at 160 Old Street, London EC1

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Fladgate LLP has advised Turner Broadcasting System Europe (Turner), the UK based operation of Turner Broadcasting, the global entertainment, sports and news subsidiary of Time Warner, on the pre-let of 98,100 sq ft in a new development at 160 Old Street, EC1, which it will occupy from 2019.  The building is owned by The Great […]


Step-in rights: Gilding the lily, or worth their weight in gold?

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Step-in rights can help to keep a project on the rails if it becomes distressed – but how effective are they? A common feature of collateral warranties or third-party rights is a right for the beneficiary (often a funder) to ‘step in’ and take over the developer’s rights as employer of a building contractor or […]


Letters of intent: Legal uncertainty vs commercial reality

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Well-drafted letters of intent can be very useful for contractors, but are no substitute for a carefully negotiated and well-managed contract. Here are the main points to consider when putting together yours. In an ideal world, employers and contractors would finalise all aspects of a deal and record it in a signed contract before any […]