The government's promise of faster electricity connections for strategically important data centers could help unlock development, but lawyers say uncertainty over conditions attached to the policy risks complicating investment decisions for developers.
Law360 UK
Property & Construction
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Analysis

UK Data Centre Covenant May Cloud Investment Decisions

By William Janes

The government's promise of faster electricity connections for strategically important data centers could help unlock development, but lawyers say uncertainty over conditions attached to the policy risks complicating investment decisions for developers.

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Berkeley Hit With £95M BLO Fire Defect Claim By Lendlease

By Isabel Jackson

Property company Lendlease has sued developer Berkeley Group, arguing it should be held liable for fire defect repairs costing £95 million ($127 million) to 20 buildings developed by Berkeley's subsidiary, now owned by Lendlease.

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Chinese Co. Calls UK Excavator Dumping Decision Irrational

By Ronan Barnard

The British arm of a Chinese construction equipment giant told a London tribunal Thursday that the U.K.'s trade regulator had been irrational to include battery-electric excavators in an antidumping probe into Chinese imports of the heavy construction equipment.

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LITIGATION

Energy Storage Biz Sued Over Unpaid Reserve Fuel Costs

By Isabel Jackson

Five power generation companies have sued Pulse Clean Energy for £450,000 ($600,000) in allegedly unpaid fuel costs under agreements to provide reserve power to Britain's electricity grid.

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INSOLVENCY

Poundland To Hire Administrators After Failing To Secure Deal

By Dawood Fakhir

Discount retailer Poundland indicated Thursday that it plans to appoint administrators after it said it was unable to find an acceptable buyer following years of financial troubles.

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LAW FIRMS IN TODAY'S NEWS

Aaron & Partners LLP

Brick Court Chambers

Bryan Cave Leighton Paisner

Eversheds Sutherland

Foot Anstey

Gowling WLG

Mayer Brown

Monckton Chambers

Pinsent Masons

Veale Wasbrough

COMPANIES IN TODAY'S NEWS

AlixPartners LLP

Gordon Brothers Group LLC

Lendlease Corp.

Microsoft Corp.

Pepco Holdings Inc.

Statkraft SF

GOVERNMENT AGENCIES IN TODAY'S NEWS

Ofgem

UK High Court

UK Upper Tribunal