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Shepherd and Wedderburn

Work 0141 566 9900
Fax 0141 565 1222

Iain Wishart

Work 0141 566 7254
Shepherd and Wedderburn

Work Department

Banking & Finance


In the Scottish market, Iain provides lenders and borrowers with the best possible levels of service. He has more than 14 years of experience as a banking & finance lawyer, gained during his time in a senior in-house position with a major bank and in private practice in the banking and capital markets division of a Magic Circle firm. In the UK space, Iain has a thriving referral practice and provides Scots law expertise and a seamless service to top tier English and international firms and their clients. Iain encourages his team to think differently and to constantly evaluate the way they work. He has developed bespoke procedural frameworks and service goals to make the lives of clients and referrers easier while delivering quality and controlling costs. Iain draws on the biggest dedicated banking and finance resource in Scotland to provide clients operating in the Scottish market with real estate finance, Islamic finance, wealth,  insolvency and banking advice. As part of the ‘Scots Counsel’ team at Shepherd and Wedderburn, Iain also works closely with Magic Circle and other elite City of London firms to deliver a broad range of transactions from large scale loan book diligence, real estate and acquisition finance to securitisation and restructurings, all to the highest possible levels of knowledge and service.


2005, solicitor, Tods Murray LLP, Edinburgh; 2007, associate, Clifford Chance, London; 2009, senior associate, Tods Murray LLP, Edinburgh; 2012, vice president, Barclays Bank, London/Glasgow; 2014, partner, Tods Murray LLP, Edinburgh; 2014, partner, Shepherd and Wedderburn LLP, Edinburgh


Law Society of Scotland.


Kirkintilloch High School; University of Strathclyde (2001 LLB (Hons); University of Dundee, (2003, PG Dip Legal Practice); University of Edinburgh (2013 MSc, International & European Politics).


Painting, Cycling, Kayaking, Photography.

Scotland: Finance

Banking and finance

Within: Banking and finance

Shepherd and Wedderburn undertakes high-end, big-ticket banking and finance transactions on a Scotland and UK-wide basis. Rod MacLeod, Hamish Patrick and Andrew Kinnes have an outstanding reputation in the funds finance space, and the latter two individuals are also well-known for their securitisations experience. In addition, the firm assists clients with real estate finance, leveraged finance, asset-based lending and debt capital markets transactions. In 2017, Patrick Bell and senior associate Lucy Hall acted for FairBriar in the £94.7m financing of the development of the 24.5 acre Middlewood Locks mixed-use scheme in Salford, Greater Manchester. Iain Wishart and senior associate Peter Alderdice advised Gatehouse Bank (a wholly Shariah-compliant investment bank) on the Islamic financing aspects of its circa £60m acquisition of Consort House and Bridge View in Aberdeen; this was one of the largest Islamic finance deals in the Scottish market in 2017. Practice head Fiona Buchanan led a team which acted as sole Scottish counsel to Cerberus European Investments as the seller in a £968.5m securitisation of residential mortgage-backed notes issued by Towd Point Mortgage Funding 2017-Auburn 11 Plc. Clare Foster heads up the clean energy and project finance practices. Senior associate Neil Cowan is also recommended.

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