News and Information

MARSHALL TO TAKE THE HELM AT LUPTON FAWCETT

Richard Marshall is to become the new managing director of Leeds commercial law firm Lupton Fawcett, succeeding Kevin Emsley who has decided to step down after 15 years in the role.

The two men have worked closely together over the last 16 years, both playing major roles in establishing Lupton Fawcett in the top tier of commercial law firms in Yorkshire.

An insolvency lawyer and chartered marketer, Marshall joined Lupton Fawcett in 1992 as a partner and head of the firm’s Insolvency and Corporate Recovery Division.

Within just three months he was appointed to Lupton Fawcett’s management board and given responsibility for developing and implementing a successful marketing strategy for the firm. Since then, Lupton Fawcett has established a reputation as a marketing led, client focused firm with one of strongest and most distinctive brand images in the Yorkshire legal market.

Led by Kevin Emsley, Lupton Fawcett has become firmly established among the top twenty law firms in Yorkshire. It was one of the first law firms in the region to be awarded ‘Investor in People’ status and the ‘Lexcel Quality Mark’ by the Law Society for the quality of its practice management standards.

Emsley, who will be staying at Lupton Fawcett as a director, was also instrumental in the firm’s conversion from traditional partnership to the more flexible and dynamic limited liability partnership in 2006.

Richard Marshall commented: “Kevin has done a fantastic job and following him will not be easy. We have been board directors together for many years and I’m delighted he will still be around to give me the benefit of his wisdom and experience.”

Marshall takes over as managing director on 1st April 2009.

COMMERCIAL PROPERTY & PROPERTY FINANCE DEPARTMENT

28 February 2008

Client: National House builder

Purchase of site in Huddersfield - three leasehold interests and a freehold interest; subject to planning for a proposed residential development, instruction for Tim Cross/Anil Champaneri

Option to purchase over livery yard in Drighlington for a 13 year period.

For further information, please contact: Tim Cross tim.cross@luptonfawcett.com
or Anil Champaneri – anil.champaneri@luptonfawcett.com

Client: Leeds Shopping Centre

David Barraclough instructed on a new lease to Wilkinsons

For further information, please contact: David Barraclough david.barraclough@luptonfawcett.com

Client: Nursing Home developer

Two separate Nursing Home sites with a total value of £1.2 million.

For further information, please contact: Charles Jackson charles.jackson@luptonfawcett.com

Client: Food supplier

A unit designed for constructing food freezing equipment on a site in Ossett to a total value of £2.2 million

For further information, please contact: Charles Jackson charles.jackson@luptonfawcett.com

Client: Charitable Trust

New instruction in relation to tracing a lost trustee, which has now developed into setting up a limited company to hold property so that the issue of tracing unobtainable trustee details will not be a problem in the future

For further information, please contact: Nathan Gopichandran nathan.gopichandran@luptonfawcett.com

Client: High Street Bank

We have received a repeat instruction for a Sharia law funding deal with a purchase in the region of £850,000 for the Medani Girls’ a school

For further information, please contact: Anil Champaneri – anil.champaneri@luptonfawcett.com

Client: Environment Agency

Instructions with regard to an Agreement for Lease and Lease for a new Call Centre for the Environment Agency to be based in Sheffield

Client: National Retailer

Exchange of contracts to take over 30 leases in England, Northern Ireland, Eire and Scotland for an undisclosed value from an Administrator.

For further information, please contact: Tim Cross tim.cross@luptonfawcett.com

Client: Care Homes

New instructions with regard to a Care Home sector client purchasing properties for specific fit out purposes for proposed special needs clients.

For further information, please contact: Steven Plummer steven.plummer@luptonfawcett.com

Client: Manufacturers

Acting on a proposed new build Industrial premises in Hilton, Derbyshire and new offices in Telford as part of the Group’s UK expansion with combined first year rents at £180,000

For further information, please contact: Ian Buckett ian.buckett@luptonfawcett.com

Client: Developer

Acting on a Development scheme for the site of the James Street former Co-op Store in Hull, joint venture with a Danish investor. The scheme may be anchored by a national retailer

For further information, please contact: Chris Waterhouse chris.waterhouse@luptonfawcett.com or Ian Buckett ian.buckett@luptonfawcett.com

Client: Local Developer

Acting on the development of a new retail centre in Worksop, anchored by Sainsbury’s and Bathstore. Instruction to commence with the vacation of the existing owner in April. The scheme has a proposed capital value circa £6 million with the client looking at forward funding for the deal to include construction finance.

For further information, please contact: Chris Waterhouse chris.waterhouse@luptonfawcett.com or Ian Buckett ian.buckett@luptonfawcett.com

Client: Local Developer

Acting on conditional Sale Agreement for site of a 40,000 sq.ft office development off Gelderd Road, Leeds.

Completed purchase of long leasehold site on the new East Link Radial Road in Leeds for 60,000 sq.ft. office development for £1m.

For further information, please contact: Tim Cross tim.cross@luptonfawcett.com
or Anil Champaneri – anil.champaneri@luptonfawcett.com

Client: Building Society

£3.8m loan for development of a block of student flats in Sheffield.

For further information, please contact: Tom Whiteside tom.whiteside@luptonfawcett.com

Client: Building Society

Acting on a £13.6m loan to be used for purchasing an office building in London for a Lithuanian Bank

For further information, please contact: Tom Whiteside tom.whiteside@luptonfawcett.com

CORPORATE FINANCE

Over £250 million in 2007…

The Corporate Finance Team of Lupton Fawcett LLP is pleased to announce the completion of corporate transactions totalling over £250 million in the last twelve months. These are some that occurred in the last six months of 2007.

July 2007

Dorlux Beds
Asset Acquisition

Advised the Acquirer

Neoss Ltd
Equity investment by MMC Ventures

Advised Neoss

August 2007

Barrett Design and Build Ltd
Management Buy-Out

Advised the Management Team

September 2007

Advertising Principles (Group) Ltd
Sale of 4 Advertising and Marketing
Limited to Narrabeen Communications Ltd

Advised the Vendor

December 2007

Instore Pic
Acquisition of 33 stores from Sale to Assetco Plc
Marston Mills Ltd (in Administration)

Advised the Acquirer

UV Modular Ltd
Sale to Assetco Plc

Advised the Selling Shareholders

Contacts: kevin.emsley@luptonfawcett.com, bob.harrap@luptonfawcett.com, michele.phillips@luptonfawcett.com, giles.clegg@luptonfawcett.com, andrew.francey@luptonfawcett.com, stephen.griffiths@luptonfawcett.com, daniel.mccormack@luptonfawcett.com and victoria.gartland@luptonfawcett.com