Shoosmiths advises Hitachi Rail Europe on agreements for £82m train assembly plant
Shoosmiths has helped finalise agreements for an £82m train assembly plant that is expected to create hundreds of jobs in the north east. A multi-discipline team from the law firm advised client Hitachi Rail Europe (HRE) on real estate, planning and construction matters.
Shoosmiths is lead adviser to HRE in connection with the Intercity Express Programme (IEP), the Department for Transport’s PFI project to replace the UK’s ageing fleet of high-speed trains.
Last year saw completion of the first part of the £4.5bn project to replace trains on the Great Western network. Part of the project is the construction of the train manufacturing plant at Newton Aycliffe, County Durham, which is expected to create 200 jobs during the building phase and is scheduled to go into full production in 2016.
The Shoosmiths team was led by partner and real-estate specialist Joanne McGuiness, who drew on her knowledge of rail regulatory matters when working on the interface with Network Rail and requirements for the factory’s test track.
Partner Kirsten Hewson handled planning issues, while partner Simon Wain advised on the construction elements of the scheme.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
It is important to know what changes have been made to the statutory regime for succession to a tenancy when a tenant dies.
Unlike the position in England, in Scotland there is virtually no statutory protection for a commercial tenant at the expiry of their lease.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…