2019

19 March 2019

The Foodhall Revolution: A new wave of meeting and eating

Having a keen interest in the food and drink sector (from both a personal and professional perspective!), on Tuesday 5 March, I attended the LPF seminar on “Foodhalls – The New Growth Market”. The evening, which was hosted by Cushman & Wakefield, opened with a presentation outlining the current market, the components of a successful foodhall and the different models in use.

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13 March 2019

Court U-turn in approach to “out of time” Inheritance Act claims

Shortly after Mr Justice Mostyn rejected an application to bring a claim under the Inheritance (Provision for Family and Dependants) Act 1975 outside the statutory six month time-limit, the Court last week allowed a claim to be brought under the Act some 25 years and nine months after the deadline for doing so.

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12 March 2019

The landlord perspective on CVAs: 4 takeaways

On Thursday 28 February, Kathryn Copeland, associate in our Commercial Real Estate team, attended a BPF seminar on the impact of Company Voluntary Arrangements (“CVAs”) on landlords. The panel discussion reflected on practice to date following the rapid increase in CVAs in 2018, as well as the future of CVAs and the BPF's thoughts on reform.

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11 March 2019

Business rates savings schemes are proper and lawful

In a Judgment dated 7 March 2019, the Court of Appeal has held that 2 similar schemes designed specifically to avoid the owners of unoccupied properties being liable for business rates are perfectly valid and lawful. Such schemes do not stand to be treated any differently from tax avoidance schemes commonly used to avoid or mitigate any other form of taxation, such as income or corporate or inheritance tax.

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8 March 2019

International Women's Day 2019

Forsters is delighted to celebrate International Women's Day 2019. As a firm, we are committed to seeing each and every one of our people realise their potential in a diverse and inclusive working environment and are delighted to take this opportunity to celebrate the success of women at all levels of the firm.

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8 March 2019

Statement of changes in Immigration Rules - Implications for Tier 1 (Investor) Visa applicants and holders

On Thursday 7 March, the Home Office released its Statement of Changes setting out proposed changes to the UK Immigration Rules. It contains the long-awaited details of changes to the Tier 1 (Investor) Visa (the "Investor Visa") that were announced in December 2018 (shortly after the Home Office backtracked from its announcement that the visa was about to be suspended).

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28 February 2019

Time called on stand-still agreements in Inheritance Act claims?

This week’s judgment in Cowan v Foreman and ors [2019] EWHC 349 provides guidance as to the court's jurisdiction pursuant to section 4 of the Inheritance (Provision for Family and Dependants) Act 1975 (“IPFDA”) and condemns the use of stand-still agreements. In this case the court refused to exercise its power to allow a widow to bring a claim against her late husband’s estate under the IPFDA outside the statutory six month time-limit.

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20 February 2019

Landlord wins in Canary Wharf Brexit Frustration Case

The High Court has ruled that a lease will not be frustrated on the withdrawal of the United Kingdom from the European Union.

The High Court's nervously anticipated decision in the case of Canary Wharf (BP4) T1 Limited and Others v. European Medicines Agency [2019] EWHC 335 (Ch) has been handed down today.

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18 February 2019

Tips on how to bring up the topic of nuptial agreements with your partner

The prospect of discussing nuptial agreements with your partner may seem daunting but if approached in the right way it can form part of an open and honest conversation about your future together. From our experience, when the subject is brought up sensitively, your other half will most likely welcome the opportunity to discuss finances and to provide greater certainty for the future.

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18 February 2019

Multi-Storey Sheds – The Only Way is Up?

Goodman Group has announced that it has acquired a 9.5 acre site in Park Royal for around £70 million. This is an interesting acquisition as it represents the highest price per acre ever for an UK industrial land acquisition. However, Goodman’s plans for the site are perhaps even more intriguing.

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11 February 2019

Co-working: the future for office space?

On 27 October 2018, a number of Forsters’ associates attended a Women in Property seminar held at Coutts. The seminar discussed co-working and considered the question, “Flash in the Pan or Here to Stay?”

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11 February 2019

The benefits of signing a nuptial agreement

However many years you have been together, financial conversations can be difficult. Raising the subject of a nuptial agreement with your partner requires you to be sensitive, rational and honest. The good news is it can help you to build trust as a couple and can underpin your relationship. You can begin your future together by being open and honest about difficult subjects.

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7 February 2019

Retail real estate- getting into shape

On Thursday 31 January, BNP Paribas hosted its annual “Capitalise: Prospects for Property” seminar. On a crisp London winter morning, hundreds flooded into the National Gallery to hear expert views on the global economy, politics and the current state of UK real estate.

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5 February 2019

Honesty is the Best Policy – 5 take-aways from the WPA Good Growth Seminar

If One Heddon Street is the Crown Estate's first adventure into co-working flexible office space, then this market is in for a treat in the years to come. From the vibrant ornaments/flowers outside, cute café in the entrance, lush living wall and delicious #daisygreencollection coffee presented in a very fashionable #louisedear style cup, I knew I was in for a treat this morning.

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4 February 2019

An introduction to nuptial agreements

Engagements and wedding planning are joyful and heart-warming experiences and too often any talk of a pre-nup is viewed as being at odds with this special time. But mind-sets are changing with more and more couples signing nuptial agreements, valuing the certainty and financial transparency that such an agreement brings and rejecting the notion that nuptial agreements are unromantic.

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31 January 2019

New Year, New Disclosure!

We are now a month into the Disclosure Pilot Scheme (the “Pilot"), which came into force on 1 January 2019. The Pilot will operate (with limited exceptions) for two years in various Business & Property courts around the country and seeks to revolutionise the way parties deal with disclosure in proceedings; standard disclosure is no more!

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30 January 2019

London’s Knowledge Clusters

A gloriously crisp January morning saw me donning my very attractive cycling gear and speeding down to Kings Cross to attend a breakfast seminar to unpick the key themes behind the recently published London Knowledge Clusters Research Report.

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8 January 2019

Charities and real estate – what do you need to know?

Charities might wish to acquire or sell property for a number of reasons; to occupy, as offices or shops, or for investment purposes in the furtherance of its charitable aims. When entering into a real estate transaction the charity trustees will need to ensure they comply with the terms of the charity’s constitution as well as statutory requirements set out in the Charities Act 2011.

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"Best in the business’ according to some, Forsters LLP is praised for its ‘extremely sophisticated client skills, quality of service."
Legal 500 UK, 2016
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