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CMS

SALTIRE COURT, 20 CASTLE TERRACE, EDINBURGH, EH1 2EN, SCOTLAND
Tel:
Work 0131 228 8000
Fax:
Fax 0131 228 8888
Email:
Web:
www.cms-cmck.com
Aberdeen, Algiers, Amsterdam, Antwerp, Barcelona, Beijing and 69 more

Darren Craig

Tel:
Work 0131 200 7302
Email:
CMS

Work Department

Banking and Finance.

Position

Partner in the banking and finance group working in Glasgow and Edinburgh. Experienced in all forms of property finance work in both Scotland and in England and Wales as a qualified solicitor in each of these transactions. Particular experience in larger cross-border transactions and investment portfolio funding.

Career

Trained Balfour & Manson and qualified 2001. Joined Dundas & Wilson as a qualified assistant, 2001; associate 2005; senior associate 2007; partner 2011; partner CMS Cameron McKenna 2014. Director: The Montgomerie Arms Ltd.

Member

SPF, Notary Public.

Education

The Glasgow Academy; Edinburgh University (1998 LLP Law, 1999-2001 DipLp); Notary Public Appointment, 2008; The College of Law (QLTT English Transfer Qualification).


Scotland: Finance

Banking and finance

Within: Banking and finance

CMS‚Äô has an outstanding reputation in leading on the most complex transactions for borrowers and lenders. An Aberdeen-based team including Fiona Henderson and Tabasam Faqir worked alongside Dawn Reoch, who is regarded by clients as ‚Äėone of the best banking lawyers in Scotland‚Äô, to assist Coherent with the Scottish and English financing aspects of its $942m acquisition of ROFIN-SINAR Technologies and its subsidiaries. In another highlight, Stephen Phillips was the lead adviser to Ethos Energy on the ¬£40m refinancing of its debt with a club of four banks. On the lender side, Caryn Penley and others acted for Barclays Bank in making available a facility to enable Lorimer Care Homes to restructure its debt, and then acquire Gate Healthcare. Santander, Lloyds Bank and Royal Bank of Scotland are other notable clients. Alan Fulton covers a variety of matters, including leveraged and acquisition finance transactions, as well as real estate and asset finance deals. Gordon Hay is knowledgeable about financing of renewable energy or oil and gas matters. Other recommended figures are real estate finance expert Darren Craig and recently promoted partner Jenny Allan.

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Legal Developments by:
CMS

  • Access to justice: protective costs orders in planning challenges

    Third parties and competing developers have no rights of appeal to the Secretary of State against planning decisions. Disappointed applicants can appeal to the Secretary of State and can have the merits of the application reconsidered. The only remedy available to a disappointed third party is a challenge by way of judicial review in the High Court on a point of law. The sense of frustration and disempowerment this creates has not been helped by the increasing complexity of the planning process and the use of consultation to legitimise decisions that many perceive may already have been taken.
    - CMS Group

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • EU and Malta Securitisation Market

    Following the US subprime crisis that began in 2007, the notion of securitisation has suffered from bad press that tainted its reputation. However, securitisation is still considered as an essential component to continued economic recovery and for well-functioning financial markets.
  • PATENTABILITY OF SOFTWARE IN SINGAPORE

     leading_lines_newsletter_dec_2017
  • DOJ Makes the Pilot Program Permanent and Announces FCPA Corporate Enforcement Policy

    The US Department of Justice ("DOJ") had announced a pilot program [1] ("Pilot Program") on April 5, 2016, which created new mitigation opportunities for companies that (i) voluntarily self-disclosed, (ii) cooperated fully, and (iii) took timely and appropriate remedial actions in FCPA matters that fell within the Fraud Section's mandate. The Pilot Program was to remain in effect for 1 year, starting from the day of its announcement. On March 10, 2017, the Acting Assistant Attorney General, Kenneth A. Blanco, announced in a speech that the Pilot Program would continue in full force until the DOJ reached a final decision on whether to extend it, and what revisions, if any, should be made to it. [2] The evaluation period of the Pilot Program ended on November 29, 2017, when Deputy Attorney General Rod Rosenstein announced the new FCPA Enforcement Policy ("Policy"), which effectively makes the Pilot Program permanent with some revisions. According to Deputy Attorney General Rosenstein, the FCPA Unit received 30 voluntary disclosures during the time period that the Pilot Program was in force, as opposed to 18 voluntary disclosures that were received during the previous 18-month period. The Policy has been incorporated into the United States Attorneys' Manual in order to "be readily understood and easily applied by busy prosecutors" as opposed to being promulgated in memorandum format. [3]
  • Effects of State of Emergency Law in Turkey On Prison Sentences Under Criminal Execution Laws

    With the Statutory Decree No.671 dated August 17, 2016, and the recent changes with Regulations No.29987 and No.29824 on Regulation Regarding an Amendment on Placement to Open Punishment Execution Facilities effecting execution of the Law No.5275 on Punishment Execution Law has introduced significant changes.
  • [SOUTH KOREA] Supreme Court Affirms Lower Decision, Finding Invalid the Regulations on Foreign ...

    Supreme Court Affirms Lower Court Decision, Finding Invalid the Regulations on Foreign Exchange Report on Incorporation of Offshore Subsidiary by an Offshore Company
  • Disputes on Health-Related Commercial Advertisements under Consumer Law

    Introduction
  • [SOUTH KOREA] New Administration‚Äôs Key Environmental Policies

    To step forward as an environment-friendly government, the Moon Jae-in Administration has announced its key environmental policies, including improving safety in chemical substances and household chemical products, and reinforcing implementation measures of the Paris Agreement.¬† Under the ‚Äúsustainable development‚ÄĚ paradigm, the new administration will continually promote new regulations to protect the environment and strengthen its enforcement of environmental regulations.
  • [SOUTH KOREA] Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an ...

    Lower Court Issues Favorable Decision for 27,000 KIA Motors Employees in an Ordinary Wage Case 
  • SyCipLaw TMT Bulletin: ‚ÄúMore Philippine Data Privacy Act: Are you Ready for Phase II?‚ÄĚ

    Controllers and processors who have completed Phase I registration with the National Privacy Commission (NPC) will now have to gear up for Phase II. Phase II involves providing the NPC certain information on the organization’s compliance with the Data Privacy Act (DPA).
  • Crowdfunding - The Path towards a regulatory Framework

      The importance and feasibility of crowdfunding platforms is increasing in stature and importance for current and future the entrepreneurs. Malta has recently acceded to the rising trend by creating its first crowdfunding platform, ZAAR, a reward-based crowdfunding platform who has recently been awarded with the first prize in its section at the National Enterprise Support Awards 2016 also as well as being one of the local projects that have represented Malta at the European Enterprise Promotion Awards 2016, held in Slovakia. Nonetheless start-ups based in Malta with global aspirations often rely on international platforms. An increase in interest has emerged amongst the art and culture community as well in social entrepreneurship projects. Crowdfunding in Malta is still at the early stages of development. Despite this, there are endless opportunities for local entrepreneurs and the local business community. Research has shown that through international crowdfunding platforms, monies have been raised for projects in the field of gaming consoles, apps and software as well as for artistic projects.  Testimony to this is a new game design studio in Malta, that launched its first game, Politicks, raised financing through the crowdfunding platform Indiegogo.