Supply chain issues affected some construction works

RICS & Tughans NI Construction & Infrastructure Market Survey, Q2, 2020 The Q2 2020 RICS & Tughans Construction and Infrastructure market survey results predictably show a contraction in output in Northern Ireland, as workloads decline across all sectors. Anecdotal commentary from respondents also suggests that issues such as difficulties in acquiring materials through the supply... ...

Tughans tops the Northern Ireland deal league in the first six months of 2020

Tughans leads the field in the volume of corporate deals struck in Northern Ireland during the first half of 2020, the latest report from Experian Market IQ shows.   In a fast-changing financial landscape private equity funded half of all Northern Ireland transactions compared with just 22% of deals during the same period last year... ...

Manufacturing Survey Reveals Extent of Economic Emergency Facing NI Firms

The latest Tughans/Manufacturing NI survey conducted among 130 businesses across the north this month (July 2020) reveals the extent to which Covid 19 has impacted on Northern Ireland’s private sector. The pandemic has created an economic emergency which will require state interventions in the long term, according to Stephen Kelly, CEO of Manufacturing NI.  ... ...

Tughans Expands Corporate, Real Estate and Energy Teams

Tughans law firm has expanded its corporate, real estate and energy teams in a move that reflects confidence across these sectors in Northern Ireland and Great Britain.   Patrick Brown, Managing Partner, says “We have seen continued confidence in the real estate, energy and infrastructure sectors. In addition, activity is strong in corporate restructuring and... ...

Tughans team concludes BGF’s Decora £10m Investment

A cross-specialism team of Tughans lawyers has successfully concluded a £10m investment by its client BGF in Lisburn-based Decora. Decora produces a range of standardised and bespoke products including blinds and shutters and employs more than 1,000 staff. The Tughans team led by Corporate team members John McGuckian and Paul O’Brien together with Cassie McCormick... ...

Gaps in Government support for construction need addressing to avoid an ominous future

RICS & Tughans NI Construction & Infrastructure Market Survey, Q1, 2020 Market confidence in the outlook for Northern Ireland’s construction sector has fallen sharply, according to the latest RICS and Tughans Construction Market Survey, as a deterioration in momentum resulting from social distancing measures to stop the spread of coronavirus is expected to continue.  ... ...

Tughans Partner John McGuckian secures Dealmaker of the Year

Tughans Corporate Partner John McGuckian was named Insider magazine’s dealmaker of the year at a ceremony in the Europa Hotel last night.   Mr McGuckian was the lead legal advisor on a significant number of high profile, high value deals last year in Northern Ireland and further afield.   He advised the shareholders of software... ...

Five-in-a-row for Tughans as Top NI Deal Legal Advisor

Tughans has been named Northern Ireland’s busiest corporate law firm, as it topped the Experian M&A and Real Estate Advisor League Table for an impressive fifth year in a row. The Belfast-based firm advised on an outstanding 53 deals during 2019, with the total value of transactions amounting to £164m. Head of Corporate, James Donnelly,... ...

Tughans takes the title of Legal 500 NI Law Firm of the Year

Tughans had an extra special reason to celebrate with clients yesterday evening as the legal advisors were named as Northern Ireland Law Firm of the Year 2020.   Picking up the top accolade from the respected ranking publication Legal 500, the timing of the announcement coincided with the firm’s Christmas client drinks reception.   In... ...

Infrastructure activity remains in decline as lack of Executive impacts investment

RICS & Tughans NI Construction & Infrastructure Market Survey, Q3, 2019   The third quarter of 2019 saw a further drop in local construction workloads despite the declines in many subsectors easing back, according to the latest RICS and Tughans Construction and Infrastructure Market Survey.   Private sector housebuilding continues to be the only subsector... ...