Our business law team comprises experienced lawyers drawn across disciplines from Corporate Transactional work including Mergers and Acquisitions (M&A), Commercial, Banking and Construction Law.
Supporting Entrepreneurs and Family Businesses
Our client base is drawn from the Entrepreneurial and Family Business community. We spend the majority of our time advising these business owners on business structuring, disputes amongst owners and transition events, as well as supporting businesses on operational issues.
We are one of the very few law firms in Scotland with deep expertise in advisory work for family businesses and entrepreneurs. We focus on long-term, often cross-generational, relationships with our clients and some of our solicitors act as experienced counsel to families and effectively sit as non-exec/independent chairs.
Services for Investors
We advise our investor client base comprising institutions, individuals and family offices on private equity and venture capital investments, providing a full range of services for our investment clients.
Expertly Handled Transition Events
We work with business owners who have put in the hard yards over a sustained period of time, and require advice on what to do with the business, how to resolve disputes with other family members, or a separation of business interests from those family members. The solution can and often does involve a disposal and we have substantial experience, particularly with a sale to private equity or overseas buyers. However, our advice is an objective assessment of all the options. Those other options typically include looking at partial exits, Employee Buyouts (EBO), Management Buyouts (MBO) and Vendor Initiated Management Buyout (VIMBO), and bringing in the next generation.
We have also built up specialist expertise in implementing the demerger of family businesses where there is a divergence in strategic alignment usually between siblings of a mature business. The difficult area beyond agreeing the commercials is avoiding triggering unwanted tax bills. We have completed a number of property rich demergers utilising the relatively new Capital Reduction Demerger route.
Comprehensive Legal Advice for Businesses
Our work with the business itself is equally broad and our lawyers are able to provide comprehensive support across everything a privately owned business will require – covering funding and banking advice, commercial contracts, disputes, brand protection and IP/IT contracts and advice. The Business Law team works closely with our colleagues in employment, commercial property and litigation where appropriate.
We also have particular expertise in partnership law and complex Limited Liability Partnerships (LLPs) and joint ventures, particularly in the property and renewable energy industries.
If you would like to discuss our business law services in more detail with one of our experienced solicitors, please don’t hesitate to contact us.