Together with Navigant, Mapstone and Tractebel Engineering, international law firm Trowers & Hamlins is pleased to have advised the Ministry of Energy and Mineral Resources of Jordan on a liquefied natural gas (LNG) sale and purchase agreement with Royal Dutch Shell.
Trowers & Hamlins is delighted to announce that it will be retaining nine of eleven trainees who are qualifying in March 2015. This gives the firm a retention rate of 82 per cent.
Trowers & Hamlins is pleased to have advised on the merger of Raglan and Jephson housing association to form Stonewater, a new registered provider managing around 31,000 homes across the UK.
Trowers & Hamlins is delighted to have advised specialist behavioural health service provider Cambian on its acquisition of Woodleigh Community Care, a specialist care provider for adults with learning disabilities and complex behavioural needs. The acquisition is Cambian's second since listing on the London Stock Exchange in April 2014.
The Chancellor announced in the Autumn Statement on 3 December 2014 that the "slab" system of stamp duty land tax (SDLT) rates for residential property will be abolished as from midnight with a top rate of SDLT of 12%.
Real Estate partner Suzanne Benson has been working closely with the National Housing Federation and Malcolm Waters QC of Radcliffe Chambers to prepare guidance for the housing sector on applying to the FCA for consumer credit authorisation. Following the transfer of consumer credit regulation to the FCA in April, this is a key issue for registered providers who are now required to assess their long term requirements for authorisation.
Contentious construction partner Rob Horne has contributed a chapter to a new book called "Human Dynamics in Construction Risk Management – the key to success or failure".
Trowers & Hamlins has acted for new client Capital Trust Limited on the acquisition of the Holiday Inn Express, Cheltenham, by one of the client's group companies, PCH Cheltenham Limited, together with majority investors Lumina Real Estate Capital.
Trowers & Hamlins is delighted to announce that the Allerton Waste Recovery Park project in North Yorkshire achieved financial close on 30 October 2014.
Trowers & Hamlins is delighted to have advised Affordable Housing Finance Plc (AHF), a subsidiary company of The Housing Finance Corporation (THFC), on its recent £198.5 million bond tap, which achieved a credit spread of 0.38% – nearly identical to the record-setting 0.37% attained in the original £208 million bond issued in May 2014.
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