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Darren Craig

Work 0131 200 7302

Work Department

Banking and Finance.


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.


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.


SPF, Notary Public.


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’ 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 ‘one of the best banking lawyers in Scotland’, 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:

  • 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

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