Michael Hughes
- Tel:
- Work +44 141 248 5011
- Email:
Work Department
Corporate; corporate recovery and restructuring unit.
Position
Partner and head of corporate recovery and restructuring unit; cases include: restructuring of Cala Group, administration of Kilmartin Group, MBO from administration of Picsel Group; acquisition from administrators of Rosebys, Coloroll, Ponden Mill; MBOs of Ritchie (UK) Ltd and Canongate start ups of Award Plc, Precision Technology Group, Actis Technology, LastOrders.com; sales of Award Plc, Ritchie Holdings Ltd; Branded Sports Goods division of Grampian Holdings Plc; Macrae Seafood Group (to Young’s Bluecrest); Carrick Care Home (to Bupa); receiverships of Buko Limited, Lockerbie Meat Packers Ltd; Westerwood Hotels Limited; APC Ltd; The Arthouse Hotel Limited; Consafe Engineering UK Limited, Merroc Limited, SSHC Limited; acted for Administrators of Atlantic Telecom Group plc, Arthur D Little Limited, Incline Global Services Limited, Room 2 Limited, Campmuir Limited, Scofish Limited; restructuring of Barr Group; acted for Scottish Television in joint venture with BSkyB; acted for SMG plc in its acquisition of CPB Consulting; acquisition of Trainer Limited and other Outdoor Advertisers for Scottish Radio Holdings plc; acted for Edinburgh Woollen Mills Limited in acquisition of hector Russell business; acquisition of the seafood processing businesses of Fisher Foods Limited at Peterhead and Fraserburgh on behalf of Macrae Food Group; acted for Mazars in outsourcing arrangement with Bank of Scotland regarding tax and executive services; disposal of the Allenwest Group; disposal of Pumps and Mixers division of APV (Part of Invensys); funding rounds for Picsel Technologies, Compound Semi-Conductor Technologies Limited; acted for Lithgows Limited in fundraising for fish breeding subsidiary, acted for Scottish Enterprise in investment by Loan Note into Cyclacel Group plc.
Career
Trained Allan McDougall & Co; qualified 1988; assistant McGrigor Donald 1989-92; assistant/associate/partner Dundas & Wilson 1992-97; partner Maclay Murray & Spens 1997.
Languages
French.
Education
Hutchesons’ Grammar School; Glasgow University (LLB, Dip LP).
Leisure
Running, walking, tennis, golf.
Practice Areas
Corporate finance; Insolvency and corporate recovery; M&A
