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Funds Finance: Scottish Limited Partnerships and the PSC Regime - Lenders Take Note!

United Kingdom - July 10 2017 Despite some industry insiders predicting that they’d overshoot the deadline for implementing beneficial ownership disclosure requirements of the…

Roderick MacLeod, Hamish Patrick

OneSavings Bank PLC v Burns: Enforcement concerns for lenders in the Scottish marketplace

United Kingdom - April 25 2017 A recent decision of Banff Sheriff Court in Scotland has unexpectedly cast doubt on the validity of the form of legal title transfer used widely in…

Peter Alderdice, Fiona Buchanan, Neil Campbell, Neil Cowan, Roderick MacLeod

OneSavings Bank PLC V Burns: FAQs

United Kingdom - April 25 2017 The standard security (i.e. Scottish mortgage) in the Burns case had originally been granted by the borrower in favour of GMAC. GMAC had previously…

Peter Alderdice, Fiona Buchanan, Rodger Cairns, Neil Campbell, Neil Cowan, Roderick MacLeod

Developments in Limited Partnership Law: Private Fund Limited Partnerships

United Kingdom - April 7 2017 New rules regarding limited partnerships (LPs) came into force across the UK yesterday (6 April 2017). Under the changes, the Limited Partnerships…

Roderick MacLeod, Hamish Patrick

Changes afoot for Third Party Rights under Scottish Contracts

United Kingdom - February 1 2017 Antiquated rules of Scots contract law on the rights of third parties are to be swept away and replaced with a new flexible regime under proposed…

Peter Alderdice