Real estate and infrastructure

Leeds Town Hall

DAC Beachcroft to axe roles in UK real estate

DAC Beachcroft has launched a redundancy consultation in its London and Leeds real estate teams, with ten roles at risk. The Lawyer understands the consultation will run for four weeks, with 10 roles at risk at associate and legal director level. This will consist of four roles in DAC’s London-based commercial investment and development (CID) […]

Linklaters’ head of real estate disputes moves to Addleshaws

Linklaters has lost another member of its real estate group, this time to Addleshaw Goddard. The former head of Linklaters’ real estate disputes practice, counsel Frances Richardson, has joined Addleshaw Goddard as a partner. She has been at the magic circle firm her whole legal carer, from 2004, and was made head of real estate […]

Midlands

Hogan Lovells loses another senior partner as Birmingham chief departs

The head of Hogan Lovells’ Birmingham office Michael Gallimore has become the latest senior partner to leave the firm, prompting a change in leadership for the firm’s Midlands outpost. Gallimore has joined boutique planning firm Town Legal after over 30 years at Hogan Lovells. Having made partner in 1988, he was made head of planning […]

Leeds Town Hall

Eversheds keeps up lateral hiring momentum with construction recruit

Eversheds Sutherland has brought in another new partner, as it aims for its construction practice to reach £25m in revenue next year. Partner Sarah Maylor has joined Eversheds’ Leeds office from Kennedys, where she headed the commercial construction practice. Maylor was at Kennedys for nearly ten years and worked out of its Sheffield, Manchester and […]

Analysis

buckingham palace

By royal appointment: the monarchy’s go-to lawyers

With Harry and Meghan announcing they will step back as senior royals and work to become financially independent, The Lawyer looks back at the royal family’s legal representation. Farrer & Co Farrer & Co has been the royal’s established advisers since the 1930s – Sir Leslie Farrer was the personal adviser to George VI and […]

Global Corporate 50: Here’s what the M&A teams are expecting for 2020

Considering the volatile year that the corporate world went through in 2019, and the number of companies, mostly retailers, that have been placed into administration or filed for insolvency in the UK alone, it was refreshing to see that a number of firms contacted for The Lawyer’s Global Corporate 50 report had a positive outlook […]

Featured Briefings

End of consultation on the abolition of ASTs – response awaited

By David Perry The recent Government consultation on ending no fault terminations of residential tenancies, which will effectively abolish assured shorthold tenancies, came to a close on 12 October. Many people will be looking to see what, if anything, results from that process. As a generational change in residential letting, many stakeholder groups are likely […]

NPPF: changes to national planning policy on minerals

By Fergus Charlton On 24 July, the government released the long-anticipated revised National Planning Policy Framework (NPPF). Setting the emphasis on building new homes, Secretary of State for Communities, the Rt Hon James Brokenshire MP said: “Fundamental to building the homes our country needs is ensuring that our planning system is fit for the future.” […]

Breaking the chain: Why do Jersey property transactions fall apart

Much focus has been given of late to gazumping and the potential pitfalls of the Jersey conveyancing process. Thankfully in practice the vast majority of transactions do eventually make it across the line and in most cases, completion occurs within the allocated window agreed through the estate agent at the outset. Gazumping, while a genuine […]

Housing white paper – ‘unprecedented steps’

By Hugh Richards The Government has published its Housing White Paper “Fixing Our Broken Housing Market”. It will be recalled that in his speech to the party conference in October 2016, the Secretary of State, Sajid Javid, called for “unprecedented steps” to increase the delivery of new homes – his “number one priority” and a […]

LMA publishes template broker letter

The LMA has recently announced the publication of its own form of insurance broker letter for use on real estate finance investment transactions. Broker letters are used to provide comfort to lenders that the obligors are complying with their insurance obligations under the loan agreement, and that the lender (or agent, on syndicated transactions) will be made aware of any issues that arise with […]

Be careful with NHBC cover – you could be on the hook for longer than you think

By Nigel Lewis In our latest alert, we review the judgment in Larkfleet Ltd v Allison Homes Eastern Ltd which highlights the potentially significant liability implications arising from National House Building Council (NHBC) cover for contractors involved in residential developments. You may be on the hook in terms of possible liability for a lot longer […]

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