When setting up a limited company or agreeing to be appointed as a director, being aware of your duties to company creditors should the company fail is unlikely to be at the front of your mind, writes Seonaid Sandham. Yet, at a time when Scotland’s corporate insolvencies are 17% higher than th
Shoosmiths
Legal firm Shoosmiths, which has offices in Edinburgh and Glasgow, has announced its results for the 2023/24 financial year. The firm saw a 6% jump in revenue, up to £206.7 million from £194.1m last year. Its profits also climbed to £66m, a 5% increase from last year’s £
Stuart Clubb, partner, solicitor advocate and joint head of the Scottish dispute resolution and litigation team at Shoosmiths in Edinburgh, will take over as chair of the Edinburgh Insolvency Discussion Group (EIDG) on 1 January 2024. Mr Clubb, who specialises in corporate restructuring and insolven
Shoosmiths has reported a record financial year in FY22-23, with a revenue increase of 7% to £194.1 million. Net profit increased by more than 3% year-on-year to £62.7m, and the firm sustained a strong PEP of £676,000 (marginally up on last year’s £675,000).
Law firm Shoosmiths has officially opened its new office in Edinburgh, part of the £350 million mixed-use development at 1 Haymarket Square, with a jazz and cocktail reception attended by over 150 staff and guests. The Edinburgh-based office represents the first occupancy in Haymarket Square,
Fiona Cameron, banking partner in Shoosmiths’ Glasgow office, examines the significance of the recently passed Moveable Transactions (Scotland) Bill and outlines why it’s likely to be welcomed by Scotland’s banking practitioners and lenders. To the frustration of Scottish banking l
Law firm Shoosmiths has today moved into a new landmark development in the heart of Edinburgh. The firm, which celebrated 10 years in Scotland last year following its merger with Edinburgh-based Archibald Campbell and Harley in 2012, has been based at Saltire Court, Castle Terrace in Edinburgh since
Shoosmiths advised on more than 400 transactions with an aggregate deal value of £5 billion from January to December 2022. Corporate activity levels remained elevated throughout last year, with the firm's corporate team working across a record number of deals spanning private equity, mergers a
Angela Robertson, an associate within the dispute, resolution & litigation team at Shoosmiths, discusses the outcome of an appeal on a hire purchase motor finance agreement in the case of Alan King v Black Horse Limited and Park’s (Ayr) Limited. The Sheriff Appeal Court in Edinbu
Politically and economically, 2022 was a tumultuous year. Despite an encouraging start, by the third quarter it was clear that Scotland’s property sector was being impacted by spiralling inflation, soaring energy costs and increasing interest rates, writes Barry McKeown. Yet, let me recall som
The corporate team at Shoosmiths has announced the appointment of two legal directors and two new associates across its Edinburgh and Glasgow offices. The team, led by Alison Gilson, corporate partner and head of the Edinburgh office has advised on £150 million worth of deals since January thi
Andrew Foyle, Daren Allen, and Jonathon Crook, partners within the financial services disputes and investigations group at law firm Shoosmiths, based in Edinburgh, London and Manchester respectively, comment on the FCA's new consumer duty. In the UK, the clock is ticking for financial services firms
With the bidding process closing today, Sheelagh Cooley, real estate partner in the Edinburgh office of law firm Shoosmiths, considers the benefits and potential challenges ahead for the operators of Scotland’s Green Freeports. It has been well publicised that the Scottish Government is curren
Courtney Clelland, senior associate at Shoosmiths, has been appointed communications chair of the newly launched Scottish Network at the International Women's Insolvency & Restructuring Confederation (IWIRC). In an announcement on LinkedIn, Ms Clelland said the role of this Network is to connect
Just a week after being named law firm of the year in The Herald Law Awards of Scotland, over 100 representatives of Scotland’s business community helped Shoosmiths’ team in Glasgow celebrate the official opening of their new c.5000sq ft of leased office space within The Garment Factory