Rental payments based on takings may become more common as retailers adapt to the changing high street in today's challenging economy, a lawyer has suggested. Martin Bennett, a director in Scottish legal firm Lindsays' commercial property team, says the option is one available in negotiations as sho
Lindsays
Independent Scottish legal firm Lindsays has appointed a new director to its commercial property team. Bringing more than 20 years’ experience and a special interest in advising firms operating in the tourism, hospitality and retail sectors, Martin Bennett's arrival comes as demand for advice
onstruction contractors may need to deploy greater legal safeguards in order to protect their businesses from being pushed under by spiralling costs, a lawyer has warned. Andrew Boccoli, a director in the Commercial Property department at Scottish legal firm Lindsays, believes extreme market volatil
Andrew Diamond, partner and head of residential property at Lindsays, reveals how ‘subject to purchase’ bids hold potential for unlocking opportunities to bring more homes on to market as well as greater buying power. Contract clauses which make home sales subject to the seller buying th
More Scottish firms than ever are making the move to becoming owned by their staff, according to Douglas Roberts, a partner at law firm Lindsays. Lawyers at Lindsays have been involved in almost twice as many employee ownership deals across the country so far this year than they were in the whole of
The 10-venue Carlton Bingo chain has made the move to employee ownership following a positive rebound after the challenges and closures brought about by the pandemic. With locations in Inverness, Stirling, Livingston, Dunfermline, Buckie, Elgin, Fraserburgh, Dalkeith, East Kilbride and Partick in Gl
The value of homes sold by Scottish estate agency and legal firm Lindsays has topped £200 million for the first time.
A person pursuing a debt can, in certain circumstances, put in place protective measures in order to avoid the possibility of the debtor being unable to meet any eventual order granted by the courts, law firm Lindsays has highlighted. These measures can restrict what the debtor can do with certain a
Linlithgow-based investment advisory firm Alan Steel Asset Management (ASAM) has adopted employee ownership following the wishes of its late founder, Alan Steel. After setting up ASAM in his hometown of Linlithgow in 1975, Mr Steele began looking at a succession plan which coexisted with his values
Ownership of Kidzcare, an Edinburgh childcare company, has been handed over to its 150 dedicated staff in what is believed to be a sector first in Scotland. Kidzcare has announced its transition to employee ownership with 100% of the company shares now placed into an Employee Ownership Trust (EOT) b
Law firm Lindsays has appointed Aziz Yasin as its new banking and finance solicitor in its commercial property team in Edinburgh. Mr Yasin advises banks, borrowers and peer-to-peer lenders in relation to general property finance matters, real estate acquisitions and development finance. He is involv
An increase in the number of people buying and selling homes for £1m-plus has been experienced this year according to the residential property team at Lindsays. According to Lindsays, the team have already been involved in more than twice as many seven-figure transactions so far this year than
Investment deals totalling more than £3.5 million in two Scottish space technology enterprises show the significant support that employee-owned (EO) companies can unlock, according to lawyers from Lindsays. Capital for Colleagues (C4C), a specialist provider of advice and financing for firms o
Douglas Roberts, partner at law firm Lindsays, discusses the economic benefits of employee-ownership in Scotland. By 2030, the Scottish Government hopes the country will be home to 500 employee-owned companies. It’s an ambitious target which requires sustained focus, but I’m in no doubt
Edinburgh-based golf tech developer Shot Scope has secured £1.5 million in funding from Clydesdale Bank owner Virgin Money to help the company scale globally. Shot Scope provides wearable, global positioning, laser and shot tracking devices designed to aid decision making and improve golf