Shepherd and Wedderburn fields a robust insolvency and restructuring offering, advising on a broad range of contentious and non-contentious matters. The firm is sought after by a range of high-profile clients from the banking, energy and retail sectors. Practice lead Fiona McKerrell‘s extensive experience across the insolvency and restructuring space sees her receive instructions from directors, lenders, and corporates. Gillian Carty spearheads the firm’s contentious insolvency offering and is regularly tasked with handling directors duties breaches, court applications, and transactional issues. Suzanne Knowles is well-versed in all aspects of transactional insolvency matters.
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Profile

Work Department
Commercial, Finance and Insolvency Disputes
Position

Gillian is a partner in our Dispute Resolution practice and advises on both contentious and non-contentious insolvency matters with a particular focus on insolvency litigation, banking and finance litigation and debt recovery. She acts for a number of banks, financial institutions and insolvency practitioners and advises on a range of litigation matters including breach of fiduciary duty claims against directors; challenges by insolvency practitioners to pre-insolvency transactions; security and guarantee enforcement for secured and unsecured creditors as well as a variety of banking litigation and tax appeals. Gillian is a licensed insolvency practitioner and is accredited as a specialist in insolvency law by the Law Society of Scotland. She has worked on a number of high-profile insolvency assignments including advising the administrators of Heritable Bank (the Scottish subsidiary of the Icelandic bank, Landsbanki) and advising on the administration of legal practices. She is the lead client partner for the Insolvency Service advising on public interest litigation and directors’ misconduct and disqualification proceedings.

Career

Trained Shepherd and Wedderburn; qualified 1995; assistant solicitor 1995-99; associate solicitor 1999-2001; partner 2001 to date. Publications of note: co-author of ‘Game v Springfield: Comparing the Treatment of Rent as an Administration Expense in Scotland and England’ published in International Corporate Rescue (2014).

Memberships
Law Society of Scotland; licensed insolvency practitioner; accredited by Law Society of Scotland as a specialist in insolvency law. Director LawWorks Scotland.
Education

Hutchesons Grammar School, Glasgow; University of Edinburgh (1993 LLB Hons Dip LP).

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Testimonials

Collated independently by Legal 500 research team.

  • ‘This is a unique team with talent at all grades. It allows them to be efficient for me, deploying the right resource depending on the issue.’

    ‘Fiona McKerrell is my benchmark for a great Scottish restructuring expert. I trust her. She knows which of range of abilities to bring to each matter.’

    ‘S&W have been a constant legal partner for many years and have provided invaluable technical support for our project.’

    ‘Suzanne Knowles is highly experienced and always responds to our queries in a timely and professional manner. Suzanne is very well regarded and has a deep knowledge of banking restructuring cases and the various issues that could arise.’

    ‘Good, multi-disciplinary offering that has capability across numerous practice areas.’

    ‘Excellent technical knowledge and easy people to work with.’

Key clients

  • Interpath Advisory FRP Advisory Ernst and Young BDO Alvarez & Marsal Grant Thornton Manolete Partners Henderson Loggie Azets Leonard Curtis

Work highlights

Acted for FRP Advisory as joint administrators of Glenalmond Group Limited, Valve Components Limited and International Oilfield Drilling Supplies Limited (all in administration).