Insights: Wing Tang

Fladgate LLP acted for long standing client London & Regional Properties on the recent refinance by BNP Paribas of the Fairmont Monte Carlo hotel in Monaco. The Fairmont, a four star luxury hotel is located in the centre of the Principality of Monaco and has 596 guest rooms, residences and suites as well as four […]

Fladgate LLP has advised Black Sheep Coffee Group (BSCG) on a complex agreement involving the acquisition of assets including eight cafes from Taylor St Baristas- a London-based, speciality coffee retailer. The addition of these cafes increases the number of the BSCG estate to 33 across London and Manchester and an additional franchise in the Philippines. […]

Fladgate LLP has advised FTH Investments Limited, a Ziser London corporate vehicle, in connection with the acquisition of the 51,350 square foot Grade II listed Fulham town hall for an undisclosed sum and in connection with the related acquisition finance facility from OakNorth Bank.  The acquisition vehicle is controlled by Ziser London, a private family […]

In the recent case of Rehman and Rehman v Santander UK Plc and BNP Paribas Real Estate Advisory and Property Management UK Limited the High Court was asked to consider whether a lender owed a duty of care to a borrower’s guarantors in respect of a valuation report commissioned by the lender. Facts The borrower […]

Banks are generally not liable to compensate customers for fraudulent payments if the customer authorised the payment.  However, in Barclays Bank Plc v Quincecare Ltd [1992] 2 All E.R. 363 it was held that banks owe a duty to prevent fraudulent transactions if the bank has reasonable grounds for believing that the customer authorisation is […]

Fladgate LLP acted for AIM listed client Gfinity PLC on its equity placing that raised £6.7m before expenses. Founded in 2012, Gfinity has established itself as one of the world’s leading esports companies. The London-based business enjoys strong relationships with game publishers, players and the wider esports community and has built a solid reputation for […]

Fladgate LLP has advised KE Hotels on the acquisition of the Abbey Hotel, Bath through the purchase of Abbey Hotel (Bath) Limited from The Kaleidoscope Collection. The team also advised on the financing aspects of the transaction which involved a facility for the acquisition of Abbey Hotel (Bath) Limited and one for the refinance of […]

Fladgate’s Funds, Finance and Regulatory (FFR) Group has recently advised a Bahraini bank on the £15m acquisition of a development site on the outskirts of London within a Shari’ah funded joint venture structure.  The team comprised Ella Leonard (funds partner), Philip Turner (real estate partner), Luke Morris (banking partner), Richard Kaufman (real estate partner), assisted […]