As the economy continues to languish, the Journal's latest Who's Who feature highlights those who specialise in advising businesses in financial difficulties

“Counter-cyclical” is the term often applied to the insolvency and corporate restructuring sector. Perhaps less prominent during good times, the expertise of those who deal with businesses in difficulties inevitably becomes more in demand when the economy is struggling.

Readers of this feature will find all aspects of post-insolvency business disposal well covered in the profiles submitted. But it is far from the case that a situation of financial trouble is a one-way street to business oblivion. As can be seen from the individual entries, refinancing and restructuring options feature strongly in considering the way forward for those in difficulties, at least if the company managers concerned seek help sufficiently promptly.

In addition to direct approaches to all firms known to have an interest in the field, entries for the feature were invited in two recent issues of the Journal, and we also asked those submitting entries to nominate others in the sector whose work they respect. We hope that this has resulted in a fair picture of the leading players in this practice area.

With the short-term outlook gloomy for much of the retail sector, and the public spending squeeze hitting a wide range of other commercial interests, it is important that the need to take early advice in order to maximise the prospects for survival and recovery in case of trouble is clearly understood across the business community.



t: 0131 260 5674

f: 0131 225 3642



Office location: Parliament House, Edinburgh

Ampersand is one of Scotland’s leading advocates’ stables, with 49 members (including 20 Queen’s Counsel). Ampersand provides the full range of services offered by the Scottish bar, with core strengths in commercial, planning, public and reparation law, both in contentious and non-contentious work, including advocacy, advice, and related written work.

David Sellar QC

Company and insolvency work for over 20 years, including City of London, partner with Scottish solicitors, and university teacher. Much of his work is advisory, but it also includes Court of Session applications regarding companies’ capital structures and insurance transfer schemes, including all Scottish insurance company demutualisations since 1996.

Robert Howie QC

In practice for over 20 years, he has appeared in the Court of Session, Lands Tribunal and sheriff court; in several arbitrations; and has appeared in, and acted as adjudicator’s adviser in, adjudications under the Housing Grants, Construction and Regeneration Act 1996. Has also led in the House of Lords.

Craig Sandison QC

Practises in most areas of commercial law, including commercial contracts, company law, corporate insolvency and commercial property. He has a particular specialism in property law (commercial and otherwise), including conveyancing and land obligations, and landlord and tenant law; and subsidiary practices in media law, trusts and executries, and judicial review.

David Thomson, advocate

Practises exclusively in commercial litigation; particular emphasis on commercial property and leasing, commercial contracts and insolvency litigation. A “knowledge of corporate insolvency, possibly unparalleled at the junior Bar” (The Legal 500, 2010). Regularly acts for insolvency practitioners and banks, as well as the Accountant in Bankruptcy and trustees in sequestration.

Fergus Thomson, advocate

Undertakes full range of civil litigation and advisory work; particular interest in commercial, company, financial and insolvency-related matters. Practised as advocate 2004-2006, and then since early 2009. Also extensive experience in corporate finance and as commercial solicitor with two of Scotland’s “big four” firms, latterly specialising in banking and insolvency/restructuring.

Hastie Stable

t: 0131 260 5654

f: 0131 225 3642



Michael Howlin QC

Michael Howlin QC’s advisory and Court of Session practice covers all aspects of corporate insolvency law and includes corporate restructuring in the broadest sense, extending to schemes of arrangement (the HBOS/Halifax merger, etc) and Part VII transfers of banking business (Direct Line, etc).

Graeme Dalgleish, advocate

Graeme Dalgleish’s practice includes a whole variety of corporate insolvency applications, pursuing and defending significant cases involving gratuitous alienation, unjust enrichment and prohibited names, as well as “G-Tech” administration orders and many pre-pack applications and extensions. He regularly represents administrators and liquidators in the Court of Session and sheriff courts.

Murray Stable

t: 0131 260 5697

f: 0131 220 2654



Office location: Parliament House, Edinburgh

The Murray Stable comprises 39 senior and junior counsel who offer comprehensive expert advice and representation in all aspects of civil law in Scotland. Details of members’ areas of expertise and special interests can be found at

Richard Aird, advocate

Richard Aird is regularly instructed in insolvency cases by leading solicitors on both sides of the border. He has appeared in some of the most significant Scottish insolvency cases, including Clydesdale Bank v Davidson, and is the author of two practitioners’ works which cover cross border insolvency.

Iain Artis, advocate

Iain Artis called in 1999 with over 20 years’ prior experience in international commerce, including corporate restructuring, acquisitions, disposals and joint ventures. Insolvency is a staple of his practice, with appearances in the Court of Session and the sheriff court. Standing junior counsel for HM Revenue & Customs since 2005.


Anderson Fyfe LLP

t: 0141 353 0035

f: 0141 353 7777



Office locations: Glasgow, Edinburgh

Alan Munro, partner

Alan qualified as a solicitor in 1998 and joined Anderson Fyfe in 2001. He was assumed a partner in 2007 as head of its insolvency department. He has particular experience in litigation over contentious asset realisation, advice to directors on responsibilities in company insolvency, and recall of sequestration.

Archibald Campbell & Harley

t: 0131 220 3000

f: 0131 220 2288



Office locations: Edinburgh

Archibald Campbell & Harley are frequently instructed by top insolvency practitioners and our specialist insolvency team offers expert legal advice in the following areas:

• Formal insolvency • Restructuring • Turnaround • Corporate Recovery

For further information or advice, please contact a member of our Insolvency and Restructuring team.

Rod Macphail, partner and Head of Litigation

Rod is head of the firm’s Litigation Department. He is a highly experienced general litigator. He acts for a number of leading FTSE 100 companies. He is an experienced insolvency practitioner and regularly acts for petitioning creditors. He advises liquidators, administrators and receivers on the various legal aspects of insolvency.

Graham Reid, partner

Graham is a hugely experienced court lawyer. As well as regularly working in conjunction with counsel in the Court of Session, Graham has often personally conducted a wide range of litigation in the sheriff courts, dealing with commercial cases but also many property and family matters for individuals and businesses.

BBM Solicitors

t: 01955 604188

f: 01955 605926



Office locations: Wick, Edinburgh

Boutique commercial/litigation firm with particular experience advising insolvency practioners and directors in contentious and non-contentious transactional work arising from insolvencies.

Eric Baijal

Eric is the adviser of choice to many IPs, particularly those with appointments based in the north of Scotland. He is consulted on wide-ranging issues arising from liquidations, administrations, sequestrations and trust deeds. He has provided training for various firms of IPs and has a particular interest in insolvency litigation.

Alasdair Baijal

Alasdair regularly advises IPs across Scotland in contentious and non-contentious situations. His work covers issues arising in personal and corporate insolvency scenarios. This includes providing guidance to companies and company directors facing insolvency. Alasdair also advises creditors and debtors in insolvency-linked litigation.

Biggart Baillie LLP

t: 0141 228 8000

f: 0141 228 8310



Office locations (Scotland): Edinburgh, Glasgow

Biggart Baillie has considerable experience of working with corporate clients and insolvency practitioners. We have provided insolvency and corporate recovery advice to a range of organisations across the country and have assisted in many pre-insolvency organisations, administrations, CVAs as well as acquisitions from, and disposals by, receivers and administrators.

Derek Ellery, partner and Head of

Corporate Recovery

Derek has many years’ experience in the fields of corporate, finance and insolvency law. Recent work has included administration disposals, reorganisations and company voluntary arrangements. A qualified solicitor in England as well as in Scotland, Derek is a member of the Law Society of Scotland’s Company & Insolvency Law Committee.

Damien Bechelli, partner, Corporate Recovery

Damien regularly advises all classes of stakeholders on corporate restructuring, turnaround and insolvency matters. Acts for company directors in circumstances leading to debt and/or equity restructuring; distressed business disposals; and handling formal insolvencies. Also acts for administrators, receivers and liquidators; and lenders/unsecured creditors in restructurings, CVAs and/or formal insolvencies.

Steven Jansch, associate,

Insolvency/Dispute Management

Steven works with insolvency on a daily basis and has worked in this area since qualifying. Dealing with various pre- and post-appointment related matters, he brings extensive commercial litigation and dispute management experience and has a no-nonsense, get-things-done attitude. Steven became Signet Accredited (Commercial Litigation) in 2011.

Brodies LLP

t: 0131 228 3777 (Edinburgh); 0141 248 4672 (Glasgow)

f: 0131 228 3878 (Edinburgh); 0141 221 9270 (Glasgow)



Office locations: Aberdeen, Edinburgh, Glasgow

As part of the largest full service law firm in Scotland, Brodies’ Corporate Restructuring and Insolvency (CRI) Group has become a recognised market leader – a focused and specialised unit, experienced in advising a constantly expanding client base on all security, restructuring, corporate and personal insolvency and director disqualification matters.

Rachel Grant, partner

A Law Society of Scotland accredited insolvency specialist, Rachel Grant advises on all aspects, corporate and personal. She is chair of R3’s Scottish Technical Committee, a member of the Society’s Insolvency Committee, and chairs the accreditation panel. “Highly recommended for her experience in directors’ duties and disqualification” (Legal 500, 2010).

Colin McIntosh, partner

Colin McIntosh leads Brodies’ Corporate Restructuring and Insolvency Group. He is accredited by the Law Society of Scotland as an insolvency specialist, specialising in corporate recovery, financial and equity restructuring and insolvency work. “Provides rapid turnaround of advice and a very high level of technical knowledge” (Legal 500, 2010).

bto solicitors

t: 0141 221 0812

f: 0141 221 0288



Office locations: Glasgow, Edinburgh.

bto advises on all aspects of insolvency. We have considerable experience in acting for creditors, liquidators, receivers, administrators, trustees in bankruptcy and under trust deeds, as well as companies and their directors, partnerships and individuals who find themselves faced with an insolvency situation.

Dorothy Hatfield, partner

Dorothy is a partner in bto’s Dispute Resolution team. She is instructed regularly by insolvency practitioners and has extensive experience of litigating on their behalf in both the sheriff court and Court of Session. She is consulted often by directors on fiduciary duties and disqualification issues.

Kirsteen Maclean, senior associate

A senior associate in bto’s Dispute Resolution team, Kirsteen advises individuals, business clients, insolvency practitioners and financial institutions on insolvency litigation and recovery matters. Kirsteen holds the Certificate of Proficiency in Insolvency (Scotland) qualification. This is a respected qualification within the insolvency industry, which very few Scottish lawyers possess.

Alastair Dunn, partner

Partner in bto’s Corporate team. He has extensive experience of working with insolvency practitioners, and his pragmatic and constructive approach provides innovative solutions in complex transactions, ensuring recoveries are made where possible.



t: 0845 22 33 001

f: 01383 626 111



Office locations: Edinburgh, Dunfermline

CCW is a commercial law firm specialising in services to owner and family-managed businesses, property entrepreneurs, and small/ medium-sized private equity business investors. Our core services are growth and exit strategies for family and owner-managed businesses, and all aspects of corporate and commercial law affecting owners or managers of SME businesses.

John Clarke, member/owner

One of the three founding partners, John heads our corporate and business strategies team, offering corporate, business recovery, corporate finance and general commercial advice. He is also a licensed insolvency practitioner and an accredited specialist in insolvency law, providing advice to both insolvency office holders and businesses facing insolvency problems.

David Wylie, member

David specialises in advising owner-managed business from inception to exit. Expertise includes company sales/purchases, private and venture equity investments, corporate structuring, reorganisations and recovery, shareholder and corporate disputes, and various insolvency related matters. Part of our corporate and business strategies team, he advises in a wide range of sectors.

DLA Piper Scotland LLP

t: 0870 111 111

f: 0141 204 1902



Office locations (Scotland): Glasgow, Edinburgh

DLA Piper is a leading law firm in Scotland with offices in Edinburgh and Glasgow. We are the only law firm in Scotland with a genuine national and international offering. We have one of the leading restructuring teams in Scotland, which is ranked number one by the legal directories.

Yvonne Brady, partner

Yvonne has been a leading “go to” restructuring lawyer for over 20 years, with 30 years’ dedicated experience in the insolvency/restructuring industry. She has excellent relationships with the leading banks and accountancy firms. Yvonne has dealt with wide-ranging restructurings and insolvencies from football clubs to hotels and manufacturing business.

John Gallacher, partner

John has over 30 years’ experience in the distressed property market, a unique level of experience in Scotland. He has a proven track record in finding workable, economic solutions to complex property issues. Recent experience includes restructuring a sizeable property portfolio, ensuring enhanced security, corporate stability and long term workout.

Fiona McKerrell, partner

Fiona has been involved in numerous confidential restructurings, providing clear strategy and delivering positive results encapsulating banking, corporate, restructuring, pension and incentives issues. On all projects she shows commercial focus and a client-centric approach. The level and complexity of deals undertaken show her standing as a first class restructuring lawyer.

Dundas & Wilson CS LLP

t: 0141 222 2200

f: 0141 222 2201



Office locations (Scotland): Glasgow, Edinburgh

Dundas & Wilson is a national law firm with 83 partners and 376 fee earners based across offices in London, Edinburgh and Glasgow. The firm draws its expertise from multiple practices to service four key industry groups: Financial Services; Real Estate; Energy, Utilities & Infrastructure; and Government and Public Services.

Claire Massie, partner and Head of Debt

Restructuring & Recovery

Advises on restructurings, refinancings and all aspects of corporate and personal insolvency. Has led on some of the most complex and highest profile Scottish restructures and insolvencies (Globespan; WG Mitchell Group). “Highly capable and practical with advice” (Legal 500); “smart and commercial lawyer with enormous exposure to high-level work” (Chambers).

Andrew Hinstridge, senior associate,

Debt Restructuring &Recovery

Andrew advises lenders on exposures to distressed connections, refinancing/restructuring activity and all aspects of corporate insolvency. He advises on structuring lends in M&A, natural resources and real estate deals and has experience leading on complex, pressured workouts and exits, complimenting the team’s considerable offering.

Sián Aitken, senior associate,

Debt Restructuring & Recovery

Advises on restructurings, risk management, directors’ duties and all aspects of insolvency. Has been seconded to Ernst & Young and Bank of Scotland. Sián was the youngest lawyer in Scotland, and highest placed in the UK, to pass the Joint Insolvency Examinations (2007). “One of the brightest associates around” (Chambers).

Harper Macleod LLP

t: 0141 221 8888

f: 0141 226 4198



Office locations: Glasgow, Edinburgh, Inverness

A top 10 full-service firm whose dedicated team deals with contentious matters, pure insolvency issues and providing input to insolvency practitioners, Harper Macleod has handled much personal bankruptcy work for Government agencies. Its experts regularly speak at industry events. Clients include Campbell Dallas, PKF, Wylie & Bisset and Begbies Traynor.

James Lloyd, partner and Head of Insolvency team

Accredited as a specialist in insolvency, James principally advises on contentious matters, specialising in sequestration with unrivalled experience through six years as a lead adviser to a Government agency. Also advises in contentious and non-contentious corporate insolvency, and provides insolvency input to corporate and property transactions. Advised Dundee FC’s administrator.

Andrew Hunter, partner

Andrew acts for a Government agency and non-panel insolvency practitioners in all sequestration-related matters, including gratuitous alienations, division and sale, and evictions. Provides specialist advice on dealing with licensed premises and preserving licences for subsequent sale of premises. Has provided customer debt recovery and insolvency advice to two major PubCos.

HBJ Gateley

t: 0131 228 2400

f: 0131 222 9800



Office locations (Scotland): Edinburgh, Glasgow

Also offices in Birmingham, Manchester, London, Leicester, Nottingham and Dubai

Graeme Henry, head of corporate

restructuring and insolvency practice

Graeme specialises in corporate restructuring and insolvency work advising banks and corporates. He also undertakes corporate and private equity transactional and advisory work. He has acted for all the major banks on various restructuring projects, during significant acquisitions, and in the administrations of property investment/development companies.

Jamie McIntosh, partner in corporate recovery

Jamie specialises in providing restructuring and insolvency advice of distressed real estate connections. He has acted for all major banks on restructuring and recovery instructions. Jamie recently advised on the restructuring of a well known leisure group which included chain of pubs, nightclubs and branded hotels.


t: 0793 522 8791

f: 0150 587 4641



Office locations: Kilmacolm

A niche practice focusing exclusively on corporate finance, corporate recovery and insolvency.

Calum Jones

Calum Jones has specialised in insolvency for over 20 years and is accredited by the Law Society of Scotland as a specialist in insolvency law. He is a member of the Company & Insolvency Law Subcommittee of the Society and a director of the Joint Insolvency Examination Board.

Macdonald Henderson

t: 0141 248 4957

f: 0141 248 8455



Office locations: Glasgow

Macdonald Henderson boasts a fully-fledged corporate insolvency practice, undertaking expert advice on restructurings and disposals/acquisitions in and out of insolvency. With Alan McKee’s arrival last December, the firm has now undertaken work for the majority of Scottish insolvency practitioners in court actions arising from insolvent businesses and personal estates.

David Beveridge, managing director

As part of his wider corporate practice repertoire, David has acted in a wide range of restructurings, many in an insolvency context. Recent highlights include the Carmelite Hotel chain restructurings, purchase of Gaeltec for Digitimer from adminstration, and pre-liquidation reorganisations of Appleday/Amco Plastics, Digital Lane Group, and Furniture Innovations/Rugs Plus.

Alan McKee, associate director

With his background as a litigator, Alan represents principally IPs in a wide range of corporate and personal insolvency actions. From simple director-led winding-up petitions to complex and contentious statutory and common law recovery actions. Alan has a strong record in recovering funds for creditors on behalf of trustees/liquidators.

McGrigors LLP

t: 0141 567 8400

f: 0141 567 8401



Office locations (Scotland): Glasgow, Edinburgh, Aberdeen

A leading law firm (UK top 50), McGrigors is well placed to advise clients, including national and multinational organisations, private and public sector, on a wide variety of commercial issues. Offices also in London, Belfast, Manchester, Falkland Islands and Qatar. The Lawyer magazine’s National Law Firm of the Year 2010.

Kevin Devanny, partner, Glasgow

Kevin operates a general corporate practice with significant experience in corporate restructuring work and corporate insolvency. Kevin’s team has assisted a large number of companies through solvent reorganisations and pre-insolvency restructuring. In the past year, Kevin’s most notable instructions have involved advising on acquisition and disposal of distressed loan portfolios.

Pamela Muir, director, Glasgow

Director in corporate recovery, specialising in formal insolvency, Pamela advises on all matters relating to liquidations, receiverships and administrations, providing an expert commercial view to corporate clients on asset protection, reorganisation and restructuring. Recently, Pamela has been incredibly busy with distressed retail clients and private equity purchases of distressed businesses.

John Maciver, partner, Edinburgh

John is an experienced banking lawyer and routinely advises lenders and borrowers in debt restructuring transactions across all industry sectors and on the sale and purchase of distressed debt. John is qualified to practise law both in Scotland and in England & Wales.

Joanne Gillies, partner, Glasgow

Advises on all aspects of contentious corporate and insolvency-related disputes. Recent experience includes advising on validity of appointment of receivers; title to assets disputes following insolvency; advising IPs on landlord’s hypothec and issues relating to remuneration. A solicitor advocate, Joanne is English/Scottish dual qualified and can advise on cross-border issues.

Maclay Murray & Spens LLP

t: 0141 248 5011

f: 0141 248 5819



Office locations (Scotland): Glasgow, Edinburgh, Aberdeen

Full service, independent, commercial legal firm with clients throughout the UK and beyond. Offices also in London, and a wide range of clients such as public bodies, educational institutions, government, regulators, private individuals, partnerships, private companies and PLCs. Top ranked in 10 categories in the latest edition of Legal 500.

Michael Hughes, partner, Corporate, Glasgow

Head of MMS’s Corporate Recovery and Restructuring team, Michael has extensive experience of both formal insolvency procedures and restructurings/reorganisations. Significant recent transactions include the administration of Dunfermline Building Society, receivership of Kilmartin Estates and various large restructurings including the £300 million debt for equity swap for Cala Group Ltd.

Shirley Li-Ting, director,

CORPORATE Recovery, Glasgow

Shirley acts for major financial institutions and insolvency practitioners both north and south of the border. She has a breadth of experience in both formal insolvency procedures and restructurings and has acted in a number of high profile cases this year.

MacRoberts LLP

t: 0141 303 1100; 0131 229 5046

f: 0141 332 8886; 0131 229 0849



Office locations (Scotland): Glasgow, Edinburgh

MacRoberts’ Corporate Recovery Group advises insolvency practitioners, directors, banks and other financial institutions on insolvency law and distressed asset situations, including: administration, CVA, liquidation, receivership, turnaround and reconstruction, directors’ rights and responsibilities, personal insolvency, and litigation. Our team has expertise in cross-jurisdictional situations and includes an insolvency practitioner.

Alan Meek, partner, Corporate Recovery Group

Alan Meek is head of the Corporate Recovery Group at MacRoberts. He has many years’ experience in advising insolvency practitioners, lenders and directors in all aspects of corporate recovery and insolvency. Alan is listed in Chambers & Partners as a specialist in restructuring/insolvency and is described as “highly regarded”.

Leon Breakey, senior associate,

Corporate Recovery Group

Leon Breakey specialises in insolvency litigation within MacRoberts’ Corporate Recovery Group. He acts for lenders, insolvency practitioners, directors and creditors in litigations in both the Court of Session and sheriff courts. Leon regularly advises on a wide variety of insolvency disputes, including unfair preference/gratuitous alienation and unlawful dividend claims.

Morton Fraser

t: 0131 247 1000

f: 0131 247 1007



Office locations (Scotland): Edinburgh, Glasgow

Morton Fraser’s insolvency and business recovery team provides a comprehensive service by pulling together specialists with a wide range of experience in this area from its insolvency, banking and finance, and real estate teams, with support from other specialist groups, such as employment and debt recovery. Office also in London.

Joy Barnard, partner

A solicitor advocate, Joy is one of the handful of Scottish solicitors who have passed the Joint Insolvency Examination Board exams. This, together with her experience of working with insolvency practitioners, gives her an insight into the needs of the insolvency market which goes beyond the provision of legal services.

Iain Young, consultant

A member of our corporate and commercial team, dual qualified (Scotland/England & Wales), Iain advises businesses on a wide range of activities, including restructuring and insolvency, sales and purchases, private equity transactions, public company issues, corporate governance, and joint ventures. Much of Iain’s work has a cross-border and international element.

Rennie McInnes LLP

t: 0141 562 9540



Office locations: Glasgow

A niche practice formed in 2010, Rennie McInnes uses the partners’ combined experience of over 40 years in the field to provide a high quality, personal and responsive service to insolvency practitioners.

Stewart Rennie, partner

An accredited specialist in insolvency since 2000, Stewart has been advising banks, accountants and commercial lenders for over 20 years. Career highlights include advising the directors of Zoom Airlines on administration, and the successful restructuring of Clyde FC. Stewart is a co-author of Aspatore Books’ UK Insolvency Client Strategies.

Aileen McInnes, partner

Aileen is an experienced conveyancer who deals with all aspects of the firm’s property work. She regularly advises trustees and liquidators on distressed asset disposal, including auction sales. She is currently advising separate liquidators on a multiple plot sale and on the impact of a property development agreement.

RSB macdonald

t: 01382 202025

f: 01382 202233



Office locations: Dundee

RSB macdonald concentrates on delivering expertise in several core services, including commercial litigation, contentious and non-contentious insolvency, family law and personal injury. Partner led in all areas, its strong teams are well known throughout Scotland.

Gregor Murray, partner

Gregor heads RSB macdonald’s Insolvency and Commercial Litigation teams and is a respected, experienced litigator. An accredited specialist in insolvency law for many years, he is regularly instructed by IPs and commercial clients across Scotland and by referral from other firms.

Semple Fraser LLP

t: 0141 221 3771

f: 0141 221 3776



Office locations (Scotland): Glasgow, Edinburgh

Semple Fraser is a multi-national practice, advising clients throughout the UK from offices in Glasgow, Edinburgh and Manchester. We offer market-leading advice in the areas of: corporate recovery and insolvency, banking and finance, commercial litigation, construction, corporate and commercial, employment, environment and pollution, intellectual property, planning, real estate, and tax.

Gordon Hollerin, partner

Gordon Hollerin, head of Corporate Recovery and Insolvency, has over 25 years’ experience. Rated by The Legal 500 and Chambers directories as one of the leading corporate recovery lawyers in Scotland, he advises financial institutions, administrators, receivers and liquidators in large scale restructuring and insolvency assignments and ensuing disputes.

Fiona Carlin, associate

Fiona Carlin specialises in insolvency, undertaking work from insolvency practitioners, banks, corporates, and creditors in effecting appointments in corporate and personal insolvencies, and advising on related insolvency issues. Fiona acts for banks in reviewing security, and has acted in large trading insolvencies. She also advises on restructuring and turnaround.

Shepherd and Wedderburn

t: 0131 228 9900

f: 0131 228 1222



Office locations (Scotland): Edinburgh, Glasgow, Aberdeen

Shepherd and Wedderburn is a leading UK law firm, with 62 partners and some 450 staff, providing corporate, commercial, public sector and private clients throughout the UK and abroad with a full range of legal services. Our client base includes not only large organisations, but also small and medium-sized enterprises.

Paul Hally, partner

One of Scotland’s best-known restructuring/ insolvency lawyers, Paul heads up our restructuring and insolvency practice and is a licensed insolvency practitioner with over 25 years’ experience in the area. His particular specialism is complex restructuring and insolvency work involving the application of his wide range of banking, insolvency and corporate experience.

Gillian Carty, partner

Gillian is a licensed IP and accredited as an insolvency specialist. She deals with contentious and non-contentious matters, with a particular interest in insolvency litigation. Clients include banks, corporates and government agencies. She currently acts for the administrators of Heritable Bank in proceedings against Landsbanki in the Court of Session.

Fiona Paterson, partner

Fiona joined Shepherd and Wedderburn in 2006 from Freshfields. She is dual qualified and specialises in advising on corporate and financial restructuring, security issues and formal insolvency. She regularly advises on cross-border matters. Fiona’s recent work includes acting for lenders on distressed connections and advising on possible restructuring options.

Tods Murray LLP

t: 0131 656 2000

f: 0131 656 2020



Office locations: Edinburgh, Glasgow

Tods Murray is a leading independent Scottish law firm, dedicated to providing first rate, innovative and commercially aware specialist advice to companies, institutions and organisations, within both the private and public sectors, and to families, individuals and charities.

Alistair Burrow, partner

Alistair has a wide ranging general practice, specialising in recovery work. He advises on partnerships, business formation, management buyouts, mergers and acquisitions, corporate finance and banking, and corporate restructuring. He is a licensed insolvency practitioner and an accredited specialist in insolvency law

Hamish Patrick, partner

Hamish has a broad finance practice, with an emphasis on structured debt, restructuring and recovery, acting for UK and foreign banks, borrowers and debt management funds. He has a PhD in cross-border insolvency and securities and is heavily involved in cross-border matters and ongoing law reforms.

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