Wallace receives strong recognition in the Legal 500 Rankings 2023

The Legal 500 United Kingdom 2023 rankings have been published and Wallace continues its success, being ranked in six practice areas for the London region.

Wallace is recommended by Legal 500, 2023 in the following practice areas: Banking Litigation: Investment & Retail; Commercial Litigation (mid-market); Property Litigation; Corporate M&A – smaller deals up to £50m; TMT (IT & Telecoms); and Employment (Employers).

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The Ground Rent Act 2022

On 8th February 2022 the Leasehold Reform (Ground Rent) Act 2022 (‘the Ground Rent Act’) received Royal Assent. It will come into force on 30th June 2022 and will restrict ground rents in applicable leases to a “peppercorn” (or NIL) ground rent. The Ground Rent Act has major implications for both Landlords and Tenants who are negotiating terms to “voluntary” leases.

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Wallace advises Dan Fallows on his recent move from Red Bull Racing Formula One team to Aston Martin Racing

Wallace has represented Dan Fallows, formerly Chief Engineer – Aerodynamics for the Red Bull Racing Formula One team, in a dispute regarding his high profile move to another Formula One team, Aston Martin Racing, to take up the coveted position of Technical Director at the start of April 2022.

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