With the UK remaining set to leave the European Union on 29 March 2019, possibly crashing out without a deal, buyers of facilities management (FM) services (who haven’t already) should urgently act to review key contract terms in relation to business critical services and, where appropriate, put in place contingency plans and contract amendments with their providers.
Fladgate LLP has advised Parkside Investments Limited, a Jersey company, in connection with the acquisition of a large site in Hendon, north west London, for approximately £9.5m. The site is used as a motor dealership and servicing centre and is let to Honda Motor Europe Limited. The site represents a short term investment acquisition with […]
Fladgate are delighted to have acted for leading UK infrastructure investor, Equitix, on the acquisition of Crickhowell House (also known as Tŷ Hywel), Cardiff, which is the administrative offices of the Welsh Assembly. The property is let in its entirety to The National Assembly for Wales Commission with a term unexpired of 13 years. Lead partner […]
From 1 March 2019, the current 30 day time limit to pay SDLT and file SDLT returns in England and Northern Ireland will in most cases be reduced to 14 days. This new 14 day time limit will apply to: all land transactions with an “effective date” on or after 1 March 2019; and all […]
In Mobile Telecommunications Co KSC v HRH Prince Hussam bin Abdulaziz au Saud the High Court sentenced Prince Hussam, a Saudi Prince, to twelve months imprisonment for contempt of court for breaching an anti-suit injunction. The judgment highlights the English court’s willingness to enforce anti-suit injunctions, even resorting to severe methods to do so. Mobile […]
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 […]
The Home Office recently published the Second Interim Report from the independent review of the Modern Slavery Act 2015. Corporate partner, Tim Wright, discusses the impact and recommendations of the transparency statements.
Opco/Propco structures have long been popular in the hotel sector. IHG, Accor and Hilton are just a few of the big names who have split Propcos from Opcos. Many smaller groups have also found it to be an attractive model. There are, of course, commercial reasons why many hotel owners have put these structures in […]
Famous fashion model Gigi Hadid is being sued in the USA for copyright infringement, and not for the first time. Hadid is widely considered to be one of the most well-known models in the world, and has appeared in all of the major fashion publications over the last year. However, Hadid has found herself in […]
Fladgate was delighted to act for Pyser Optics Limited, a portfolio company of Privet Capital, in relation to the sale of their Graticules division to AIM quoted group, Scientific Digital Imaging Plc. Graticules Optics is a designer and manufacturer of precision reticle, aperture, grating and micropattern products on glass, ceramics, film and in metal foils […]
Many countries around the world have data localisation laws and regulations which restrict how and where data can be stored and transferred. Russia and China are well known examples but other such countries include Brazil, India, Australia, Korea, and Nigeria. Sometimes these laws and regulations are in the form of blanket bans; other times they […]
Much of the law regulating family arrangements, Children Orders, Financial Orders, and indeed Divorces themselves are contained within EU law. If that ceases to apply it is important to consider, that urgent steps may need to be taken, or at least considered prior to the exit day.
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