Insolvency and corporate recovery

Brodies LLP

The ‘multi-faceted team’ at Brodies LLP is ‘vastly experienced in larger and more complex restructuring and insolvency assignments, both locally in the Scottish market and cross-border’. The firm is acting on varied restructurings across all levels, and has witnessed an increased stream of complex personal insolvency mandates from a swathe of high-net-worth individuals. Team lead Lucy McCann is lauded as ’one of the best insolvency lawyers in Scotland’ and is well equipped to act on both corporate and personal insolvency matters, as well as contentious proceedings. Fellow team lead Peter Kelly chiefly focuses on restructurings and works with a national portfolio of entities, while Elaine Petterson is recognised for her work in the real estate space, often overseeing the acquisition and disposal of non-performing loan portfolios. Shirley Li-Ting excels at cross-border restructurings, and Louise Laing handles corporate recovery matters, while Jamie Nellany is active in the aviation, insurance, and energy sectors. Jennifer Guy is also recommended, and Nicky-Ray Watson, who joined from Harper Macleod LLP in November 2023, acts for high net-worth clients.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘They are a multi-faceted team with all the skills and knowledge required to deal with any problem you may have. They provide efficient, timely advice and have the resources and capabilities to deal with any issue - from debt recovery to complex cross border matters. ’
‘Lucy McCann is one of the best insolvency lawyers in Scotland. Knows everything there is to know about insolvency and restructuring.'
‘The team work exceptionally well together, always bringing the correct skills mix to each issue and giving clear advice and taking decisive action when agreed. They become an extension of my team and are one of the best legal teams I have worked with in my career.’
‘Vastly experienced in larger and more complex restructuring and insolvency assignments, both locally in the Scottish market and cross-border.’
‘Louise Laing was approachable and responsive. She had a firm grasp and understanding of the position we were faced with and acted conscientiously in communicating with the other party in order to try to resolve matters.’
‘Jamie Nellany is very reactive and gives good advice in a timely manner. Lucy McCann is well versed in the requirements of the market alongside Shirley Li-Ting who has great expertise in the market.’
‘Brodies has one of the leading Restructuring / Dispute Resolution practices in Scotland, with talented lawyers from Partner to Associate level. The team is at the forefront of insolvency law, always willing to assist clients in seeking to enhance a recovery with a high level of commercial awareness.'