Teacher Stern LLP has advised Stamford Property Investments on the sale, funding and redevelopment of a 10-storey office building into a 14-storey building containing 259 luxury apartments, located in Birmingham’s business district. Stamford Property Investments used special purpose vehicle Lionel House Developments to purchase and develop the old post-office building and secured forward-funding from The Aberdeen Standard Pan-European Residential Property [...]
Teacher Stern acted for AM Coffee Holdings Limited on its purchase of Goldex Investments (Surrey) Limited, the holder of 14 Costa Coffee franchises. The team was led by Claire Rollo and assisted by Kasam Kiani, Alex Osborne, Lorna Clarke, Sophia Christodoulou, Sarah Glockler and Arta Obertinca. Other advisors involved in the transaction were Thomson Snell & Passmore (for the seller), [...]
We are delighted to have acted for tvONE on its acquisition of Green Hippo, a developer and manufacturer of award-winning media servers and digital display products with offices in the UK and the US. This acquisition further extends their reach across commercial integration, live events and creative video technology. The transaction was led by Corporate partner, Kelly Whitfield, and assisted [...]
The Court of Appeal’s judgment in Chesterton Global Limited & Another v Mohamed Nurmohamed was handed down late yesterday. This is an immensely important judgment in the field of employment law and whistleblowing, in that it defines what the public interest is for the purposes of whistleblowing claims. Public Concern at Work (PcAW) intervened in the Court Appeal proceedings, reinforcing [...]
The Supreme Court has thrown out an appeal brought by a Saudi prince over a series of court sanctions in relation to his case against a former shareholder, handing a win to Teacher Stern just months after taking over the mandate from Howard Kennedy... Read more at: “Teacher Stern triumphs against Mishcon’s Saudi prince in Supreme Court”
Mishcon de Reya and Teacher Stern have replaced Irwin Mitchell and HowardKennedy FSI to win lead roles on a Saudi prince’s long-running battle to have his dispute with a shareholder heard in private. Full story available here.
Triangle has completed a £212.5m off-market purchase of the Holborn Links Estate, WC1, financed by Deutsche Bank. The price reflects a capital value of £534 per sq ft. It was bought on behalf of Perez International, which represents a consortium of international investors managed by Triangle Group. The 3.3-acre estate comprises 42 buildings totalling 320,000 sq ft, including shops and [...]