A highly regarded multidimensional practice
Understanding the mechanics of a corporate transaction and creating a strategy to keep things moving are the two principles underlying Forsters Corporate practice. Specialising in helping companies, entrepreneurs, investors and high net worth individuals, our corporate lawyers unravel the complexities of each transaction to ensure our clients' business and wider interests are achieved.
With a strong sector focus, the Corporate team regularly works with real estate companies, family offices and individuals. Additionally the group has a growing reputation as one of the leading hotel advisory firms. Our approach is pragmatic and commercial. We adapt to each transaction, with in depth experience on a wide-range of matters, from M&A, to finance and tax.
We may not yet know when the register of overseas entities (the “Register”) to be set up under the Economic Crime (Transparency and Enforcement) Act 2002 (the “ECA”) will become effective, but we can be fairly certain that it will be in the not-too-distant future.
Elizabeth Small, Partner in our Tax team, looks at the U.K. government’s proposed scheme for international companies to re-domicile to the U.K., and assesses the processes and potential tax implications for businesses that contemplate doing so.
Unfortunately, businesses often face financial difficulties and the pandemic in particular, has caused problems for many. This is a stressful and worrying time for any business, even if they have no bank debt, but what are your options if you do have debt finance in place and are at risk of defaulting under the facility agreement?
The Covid-19 pandemic created a perfect storm for the hotels sector and, despite ever improving signs of recovery, the resulting devastation will take time and innovation to repair. Unprecedented economic life-support provided by the UK government over the last two years has kept the gathering clouds at bay, but there could well be casualties in 2022 and beyond. This was the conclusion of a roundtable discussion hosted by Forsters on 10 November 2021.
A Forsters team led by Head of Corporate, Craig Thompson, and Associate, James Hamilton, advised Net-a-Porter founder Mark Quinn-Newall's Neurotribes investment fund on the sale of its substantial stake in Cult Beauty to The Hut Group for £275 million.
A cross departmental team, led by Client Relationship Partner, Craig Thompson, and Senior Associate Daniel Bryan, has advised long-standing client, Greybull Capital, on their high-profile purchase of the McLaren Group's Applied business division.
Forsters are delighted to be launching our Vineyards & Wineries practice. The cross-departmental team draws upon our strengths from across the firm, a combination of expertise that is rare if not unique in the market. The increasing number of vineyards we look after complements our exceptional book of landed estates, and is testament to our ability to look after landowning clients, whatever their business and whatever challenges they face.
Forsters advises specialist lender and investor in UK residential property, Hilltop Credit Partners on a £15 million loan to developer, Propiteer Group
Banking and Finance Partner, Simon Collins, led the Forsters team to act for new client, Hilltop Credit Partners, to complete a £15 million loan to the Propiteer Group for a development project.
The Winter Economy Plan, launched by the Government on 24 September 2020, contains several measures designed to support businesses throughout the current coronavirus pandemic, including the extension of the Government-backed loan schemes.