Client highlights

Groundbreaking tax haven agreement: negotiating the high-profile Liechtenstein Disclosure Facility with HMRC

Author: John Carrell

Last summer, Farrer & Co was asked to advise the Principality of Liechtenstein on the groundbreaking tax agreements it was proposing to enter into with the UK. This led to John Carrell, our head of tax, joining the Liechtenstein negotiating team, which hammered out the terms of the Memorandum of Understanding and the Liechtenstein Disclosure Facility at meetings with HMRC in Vaduz, Zurich and London.

Growing the UK’s greenest data centres

Author: Andrew Bailey

Developing innovative funding structures to help our clients progress.

Highbridge Properties secured £263 million of funding to expand their Cobalt Data Centre Campus near Newcastle, which has a BREEAM ‘Excellent’ certification: a possibly unique award for what is generally thought of as other than environmentally friendly. But there were significant challenges, not least the reluctance of the banks to commit new debt finance to development projects in the current turbulent markets.

Handing control back to charities and schools

Author: Sam Macdonald

Independent Schools Council wins judicial review.

In October, the Independent Schools Council (ISC) was granted its application for judicial review of the Charity Commission’s public benefit guidance on fee-charging in the context of educational charities. We acted for the ISC throughout this influential case.

Eton’s Egyptian treasures: international audience benefits from deal to share antiquities

Author: Paul Jones

Farrer & Co advised Eton College on a three-way collaboration, involving the University of Birmingham in the UK and the Johns Hopkins University in Baltimore, to enable the sharing and exhibition of a huge number of Egyptian and other antiquities owned by the College.

Farrers advise supporters on acquisition of Wycombe Wanderers Football Club

Author: Anthony Turner

Farrer & Co has advised Wycombe Wanderers Trust Limited on its acquisition of Wycombe Wanderers Football Club from previous owner Steve Hayes.

Wycombe Wanderers are now one of the few Football League clubs in the country to be owned by their own supporters. Under the terms of the deal, the Trust has acquired all of the voting shares in the Club, and has incorporated a separate holding company which will be responsible for the Club's stadium (Adams Park), its Training Ground and the heritage aspects of the Club.

Going for gold

Author: Richard Lane

Mining and exploration company listed on the Alternative Investment Market and the Toronto Stock Exchange.

This year we advised on our first listing on the Toronto Stock Exchange, creating a dual listing for Serabi Gold plc, who we previously advised on their admission to London’s Alternative Investment Market (AIM) in 2005. Serabi is a gold exploration company involved in the evaluation and development of gold deposits in the Tapajos region of northern Brazil. The company’s primary interest is the 100 per cent-owned Palito Gold Mine and a surrounding 53,000 hectares of highly prospective exploration tenements.

A matter of trust

Date Posted: 26/04/2012 Author: Jeremy Posnansky QC

A complex divorce case taken to the Court of Appeal.

We acted for a wife in a complex financial claim following her divorce, which included a major issue about the husband’s interest in a family trust. After a hard-fought trial, the High Court judge found that the husband had tried to conceal the truth behind his trust holdings. Taking the trust assets of circa £7million into account, the judge awarded our client a substantial lump sum, far in excess of what the husband had offered.

Imperial builds healthy international relations

Date Posted: 26/04/2012 Author: Peter Wienand

Advising Imperial College London on a significant overseas venture.

We advised Imperial College London on its collaboration with Nanyang Technological University (NTU) to establish a new medical school in Singapore, which will offer a joint undergraduate medical degree programme when doors open to students in 2013. 

A model for future mergers

Date Posted: 26/04/2012 Author: James Thorne

Collectively advising individual partners involved in creating the UK’s largest firm of property consultants.

We advised the 87 individual equity partners of King Sturge LLP on the firm’s merger with Jones Lang LaSalle. The deal, worth over £195 million, creates the UK’s (and possibly Europe’s) largest firm of commercial property agents.

A landmark headquarters for WWF-UK

Date Posted: 20/04/2012 Author: Charles Anderson

Advising one of the UK’s leading charities on its headquarters project.

We are advising WWF-UK on the acquisition and development of a new site for the charity’s national headquarters. WWF-UK is seeking to develop a central Woking site to create a landmark building to reflect its mission and profile. We have advised on commercial property/development matters, charity governance and planning and construction/procurement issues.