Banking & Finance - Scotland
Basic facts about the department
- 4 partners
- 10 other qualified lawyers
- Office locations ranked: Aberdeen, Edinburgh
What the team is known for Remains an exceptional banking and finance hub in Scotland. Continues to provide services spanning the entire spectrum of financial sectors.
Strengths (Quotes mainly from clients)
Market standing: "Now a very powerful national franchise since the merger with McGrigors."
Visibility: "Very good, professional and friendly. It has become a larger establishment, which has increased the capabilities and general reach of the firm."
What's new? Gained a host of new clients this year, including Green Power, Rabobank and Société Générale.
Work highlights Acted for Xcite Energy with regards to USD155 million development funding for the Bentley heavy oilfield.
Advised RENERCO Renewable Energy Concepts on funding for the development of three UK wind farms, a matter valued at approximately £80 million.
Head of department John Maciver is well liked by clients for his personable and commercial nature. They say he "probably strives the most to have a good relationship with us and offers the most tailored service," adding that he is "very experienced, very engaging and very proactive. He helps us get a good perspective of the market."
Gillian Frew led the team representing Xcite Energy. One client reports: "She has proved to be highly experienced and subtle in negotiation and she provides good and pragmatic advice."
Iain Macaulay is an experienced operator in many different aspects of corporate finance. Clients indicate that "he was aware of the dynamics of this particular transaction and he's built up a good bank of knowledge. He is good to deal with, user-friendly, and tries to make it as simple as he can by translating legalese."
Michael Watson is highly experienced in a variety of finance matters, particularly in the energy and infrastructure markets.
Significant clients Lloyds TSB, The Central Bank of Ireland, HSBC, Cairn Energy, Ithaca Energy.