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Iain Penman, senior associate in litigation at Brodies LLP, explains the advantages and disadvantages of a Minimal Asset Process (MAP) bankruptcy in Scotland. Bankruptcy, or sequestration as its often called in Scotland, is governed by the Bankruptcy (Scotland) Act 2016 and is available to people, p

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Edinburgh-based investment manager Par Equity deployed more than £17 million of capital into its portfolio companies in a record-breaking year. Par deployed 48 per cent more capital than in the previous year, which in turn raised a further £26 million from third party investors. Speciali

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