The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Addleshaw Goddard

3 SOVEREIGN SQUARE, SOVEREIGN STREET, LEEDS, LS1 4ER, ENGLAND
Tel:
Work 0113 209 2000
Fax:
Fax 0113 209 2060
DX:
12004 LEEDS
Email:
Web:
www.addleshawgoddard.com

Ian Smith

Tel:
Work 0113 209 2098
Email:
Addleshaw Goddard

Work Department

Real estate.

Position

Ian leads the Sainsbury’s real estate team nationally and is the lead real estate partner for Threadneedle and Skanska in the Leeds office. General: involved in all aspects of commercial property work including sales and purchases (especially for institutional investors such as Threadneedle and VALAD), complex development projects (including acting for regional developers such as GMI Property Group and Horncastle Group Plc), acting for public bodies (such as The HCA and Leeds City Council) and landlord and tenant work (particularly in the retail sector acting for household names such Sainsbury’s, HOBBS and LEGO). Particular expertise in the food store investment market. Specialism: retail/Sainsbury’s/food store investment/high-value sale and leasebacks – recognised expert. Has developed an outstanding practice acting for Sainsbury’s where he has twice been nominated for their panel lawyer of the year and has recently been recognised as ‘exceptional amongst our panel lawyers’. Sainsbury’s have told Addleshaw Goddard that they routinely instruct Ian on more complex, higher value transactions and that they regard him as the ‘go to’ man for these projects. This is best demonstrated by the way Ian has developed the firm’s role acting for Sainsbury’s Property Investments (SPI). SPI recognise Ian as their principal advisor for sale and leasebacks and one of the leading experts in this niche field. These transactions are strategically important in raising capital for reinvestment and need to be turned around quickly whilst balancing investment value against operational flexibility. Ian’s work in shaping their lease has earned him a reputation for innovation (with one senior SPI executive describing Ian as ‘the most innovative lawyer I have worked with’). Credited by SPI as helping them ‘move forward the industry standard lease, not just for Sainsbury’s, but for the food store industry as a whole’. Other retail clients include HOBBS and LEGO and he is a key member of the firm’s national retail and consumer team.

Career

Trained Clifford Chance; qualified 2001; partner Addleshaw Goddard 2012.

Education

Ehenside, Cleator Moor, Cumbria (GCSEs); St Benedict’s, Whitehaven, Cumbria (A-Levels); College of Law, York (1998-99 LPC (Distinction)); Durham University (1995-98 Law (LLB 2:1 Hons)).

Leisure

Reading, gardening.


Yorkshire and the Humber: Real estate

Commercial property: Leeds and West Yorkshire; North Yorkshire

Within: Commercial property: Leeds and West Yorkshire; North Yorkshire

Addleshaw Goddard’s ‘excellent level of service, outstanding knowledge and responsive approach’ places it ‘head and shoulders above most of the firms in the space’. The ‘unbelievably helpfulBruce Lightbody, leads the practice, which includes Lucy Sturrock, who ‘really makes an effort to understand her clients’ business from a commercial and legal perspective’ and regularly acts for retail and leisure sector clients; Ian Smith, who advises institutional investors; investment property and portfolios sales expert Andrew Williamson; and development funding specialist Anna Heaton. In a recent highlight, Lightbody advised Leeds Beckett University on the procurement and development funding agreement relating to the acquisition of a site adjacent to the University’s city centre campus for a new performing arts building. Further mandates for the department include recently promoted partner and energy sector specialist Peter Mason assisting Hull Eco Park with the development of an energy business park, legal director Lesley Reeves acting on the disposal of four retails parks to Edison Property Investment Company for Stadium Group, and Sturrock and Williamson handling over 40 acquisitions and developments for Travelodge Hotels.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Chambers Guides - Insurance 2018 - India

    India is a common-law jurisdiction. In general, Indian laws borrow heavily from, and are based on, English law. However, insurance law in India has certain unique features that deviate from English insurance law. The primary legislation of insurance law in India is the Insurance Act, 1938 (the “Insurance Act”) and the Insurance Rules, 1939 (the “Insurance Rules”).
  • AVELLUM advised largest Ukrainian brick manufacturer on restructuring and refinancing of its debt

    AVELLUM acted as the Ukrainian legal counsel to Private Joint Stock Company with Foreign Investments “Slobozhanska Budivelna Keramika” (“SBK ”) in connection with the restructuring and refinancing of SBK’s debt, valued at approximately EUR20 million. Atlas Advisors, an independent investment banking firm, acted as the exclusive financial advisor to the SBK’s shareholders in connection with the restructuring of the credit portfolio, attraction of financing for the debt’s refinancing, and buy-out of SBK’s shares.
  • AVELLUM advises on Ukraine’s USD2 billion Eurobond issue

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the USD2 billion sovereign Eurobond issue consisting of two tranches with 5.5 and 10-year tenor. J.P. Morgan Securities, Goldman Sachs, BNP Paribas, and Citigroup acted as joint lead managers on the transaction.
  • New Anti-Money Laundering Law

    The new anti-money laundering ( AML ) law of the UAE took effect at the end of October 2018. Containing features recommended by the Financial Action Task Force ( FATF ), the new law introduces subtle but important changes to the AML landscape in the UAE. 
  • Confidentiality Under Renewed Focus

    The UAE federal government has recently issued a raft of important legislation, addressing and in many ways updating areas of law that are key to businesses in the jurisdiction. Amongst this legislation is Federal Decree-Law 14 of 2018 concerning the central bank and the organisation of financial institutions and activities (the New Banking Law ) and Federal Decree-Law 20 of 2018 concerning anti-money laundering and anti-terrorism financing (the New AML Law ). Both the New Banking Law and the New AML Law repeal and replace the previous legislation on their respective subjects. Importantly, the New Banking Law and the New AML Law have together enhanced the protection afforded to confidential information under UAE law, in particular where financial and legal service providers and their customers and clients are concerned. 
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.
  • GRP Rainer Rechtsanwälte – Report on authorized dealer’s entitlement to compensation

    Under certain circumstances, an authorized dealer may be entitled to claim compensation after termination of the contract with the company if the latter continues to be able to use its business contacts.
  • The Intra-Corporate Transfer Regulations

    The Conditions of Entry and Residence of Third-Country Nationals in the Framework of an Intra-Corporate Transfer Regulations (“Regulations”) were brought into force through Subsidiary Legislation 217.21. These Regulations transpose EU Directive 2014/66/EU into Maltese law.
  • Spring is coming for real estate registration in Israel

    Israel may be the “Start-up Nation” and a world-renowned center of technological innovation, yet for many years the procedures and conduct of the Israeli Land Registry have been trapped in the past.
  • The Tax Working Group’s Interim Report - A capital gains tax for New Zealand?

    ​​​​​​The Tax Working Group has released its Interim Report on the Future of Tax. Amongst a number of other matters, the Interim Report describes two alternative methods for the implementation of a capital gains tax in New Zealand, which will be the subject of further consideration over the coming months.