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Brodies LLP

Work 0141 248 4672
Fax 0141 221 9270

Peter Kelly

Work 0141 245 6259
Brodies LLP

Work Department

Banking and finance.


Partner specialising in all aspects of banking and finance, Peter acts for lenders and borrowers in structured real estate finance, leveraged finance, debt restructuring and fund transactions. He specialises in complex deals, particularly those with an international or cross border dimension.

Peter is qualified in Scotland, England and Wales and is identified as a ranked individual for banking and finance by Chambers & Partners.


Board member of Wheatley Group, the largest registered social landlord in Scotland; member of the Audit Committee for the group.

Non-Executive Director at Balhousie Holdings Limited, a leading Scottish care home operator and developer.


Glasgow University; B’Acc (Bachelor of Accountancy); LLB (Hons); Dip LP.

Scotland: Finance

Banking and finance

Within: Banking and finance

Brodies LLP's banking team has 'good links with the key Scottish institutions' and 'delivers joined-up advice by working with other practices'. Michael Stoneham, who is the head of energy and infrastructure finance, 'balances technical skills, attention to detail, commerciality and team management to deliver excellent results in a short time frame'. Neal Richardson in Aberdeen leads the marine finance team. Chris Dun, who joined from Maclay Murray & Spens LLP in 2017 with four other team members (prior to its merger with Dentons), has strengthened the firm's offering in real estate finance and housing finance. A growth area of the firm's practice has been in funds finance; in a recent highlight, Peter Kelly and associate Jack Moir advised Regional REIT Limited on the amendment and restatement of circa £70m of existing facility agreements with Santander to finance the expansion of the client's commercial property portfolio. Team head Bruce Stephen has more than 20 years of banking and finance experience, with expertise in areas such as asset-based lending and receivables financing, among various others. Alan Knowles, Marion MacInnes, and managing associates Billy Kay and Fiona Cameron, are also recommended.

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Insolvency and corporate recovery

Within: Insolvency and corporate recovery

Brodies LLP is 'one of the most capable firms in the Scottish insolvency field', and its team has 'broad experience and deep knowledge'. Practice head Rachel Grant 'identifies the relevant issues quickly'. Peter Kelly, managing associate Shirley Li-Ting (who joined from Gilson Gray in 2017, and is dual-qualified in English and Scottish law) and consultant Colin McIntosh are among other notable individuals. The group provides the full spectrum of advice on contentious and non-contentious matters pertaining to corporate restructurings and insolvencies, as well as personal insolvencies. Grant, McIntosh and associate Lucy McCann are acting for the liquidators of RFC 2012 Plc in a high-profile liquidation. In another matter a cross-practice team recently assisted Burntisland Fabrications Limited with negotiating a rescue package with the Scottish government to avoid a formal insolvency. Associate Louise Laing has experience of advising banks and other lenders on security enhancement and enforcement. Associate Amy McVey assists banks and borrowers with financial restructurings, and also advises insolvency practitioners on issues arising from formal insolvency appointments (corporate and personal).

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Scotland: Public sector


Within: Health

Brodies LLP has a multidisciplinary practice which handles the full spectrum of contentious and non-contentious health work, with a particularly strength in regulatory mandates in relation to health and social care. The group continues to support the Professional Standards Agency (PSA) in a number of matters, including an appeal to the Inner House of the Court of Session against a lenient sanction imposed on a dentist who had sexually harassed members of his staff. The firm also has expertise in healthcare-related financing projects; in a recent matter, Peter Kelly¬†advised Meallmore and Hilton Rehabilitation on financing provided by Santander for the ¬£27.9m purchase and refurbishment of the Mandaville Care Home in Inverness. ‚ÄėFriendly, approachable and knowledgeable‚Äô associate Shona Tennant¬†assists the University of St Andrews with various medical research matters, most recently including a Research Services Agreement with the University of Dundee, and in connection with a collaboration agreement between several UK Universities, The National Cancer Research Institute and Breast Cancer Care for the development of a programme to support individuals undergoing breast cancer treatment. IP specialist Gill Grassie¬†has vast experience advising pharmaceutical companies on contractual and regulatory matters. Local authority healthcare provision expert Jackie McGuire¬†leads the practice.

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Legal Developments by:
Brodies LLP

  • Scottish planning obligations: modification and discharge ‚Äď the story so far‚Ä©

    Planning obligations 1 (formerly agreements), which restrict or regulate the use or development of land, perform a crucial function within the planning system. In Scotland in particular, where the community infrastructure levy has not been adopted, the planning obligation continues to be the primary mechanism for the delivery of much needed local and regional infrastructure through developer contributions, often involving very significant sums. ‚Ä©
    - Brodies LLP

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