Richard McMeeken considers the scope of director's discretion and how this has been dealt with by the courts. The duties incumbent on company directors are much talked about at the moment following the Supreme Court's judgment in BTI 2014 LLC v Sequana SA and others [2022] UKSC 25 clarifying the exi
Morton Fraser
Free legal support has been offered to students at Scotland’s Rural College (SRUC) to progress business ideas as part of a new partnership with law firm Morton Fraser. The partnership between Morton Fraser and SRUC’s Enterprise Academy - which was set up to help students develop enterpri
David Hossack gives insight into the role mediation will play in the developing economic climate. For a business in the throes of a commercial dispute, the financial strain of legal action is bound to weigh heavy, and so where possible, most will want to avoid a dispute ending in litigation.
Morton Fraser has been named as a supplier on Crown Commercial Service’s Public Sector Legal Services framework, following a competitive tender process. While the legal firm was appointed to the previous CCS Framework in 2018, this new framework puts a stronger emphasis on social value, aligni
Sally Anthony, professional support lawyer at Morton Fraser, discusses the introduction of the Register of Overseas Entities (the ROE) and the implications it has for overseas entities that already own or lease property in Scotland or wish to invest. The Register of Overseas Entities, which was intr
Richard McMeeken, partner at Morton Fraser, discusses a recent decision issued on 4 August 2022 in which Lord Braid has clarified certain aspects of the law of bribery in Scotland. In Oil States Industries (UK) Limited v "S" Limited; Lagan Building Contractors Limited (in administration); John Hanse
Morton Fraser has reported an increase in net profit of over 40% in a record-breaking year that saw the independent law firm record revenues of £23.9 million, a 16% increase on the previous year. The record results allowed the firm to deliver a staff bonus pool of over £600,000, which is
Andrew Walker, partner and head of corporate growth at Morton Fraser, discusses the role employee businesses could have in boosting the wider UK economy. The Scottish Government’s Programme for Government included a goal to reach 500 employee-owned businesses (EOBs) by 2030. We currently
Morton Fraser has advised on the sale of the largest full-service film studio in Scotland to a US-based real estate investment company. A multi-disciplinary team, including corporate, real estate and banking experts, advised Wardpark Studios, which is home to the hit TV series, Outlander.
Alan Meek, partner and head of Morton Fraser's restructuring and insolvency team, discusses the intricacies of limited liability. In this two-part article, we highlight for directors some of the main ways in which the general protection of limited liability does not apply or can be lost.
Alan Meek, partner and head of Morton Fraser's restructuring and insolvency team, discusses the intricacies of limited liability. Limited liability is one of the fundamental concepts in our understanding of company law.
Law firm Morton Fraser has appointed one of Scotland’s most respected restructuring and insolvency lawyers, Yvonne Brady, as head of strategy - restructuring and insolvency. The position has been created by Morton Fraser specifically for Ms Brady, who began her role on Monday 12th April.
Iain Young considers the year ahead in tax. One of the most hackneyed phrases found in articles written by lawyers is that in this world nothing can be said to be certain, except death and taxes.
Law firm Morton Fraser has launched a new payment model as part of its commercial litigation practice to enable businesses to pursue disputes without significant financial risk. Total annual losses to small businesses from legal problems are estimated at £40 billion, with over one million indi
Nicola Ross, partner in Morton Fraser's litigation and dispute resolution team, discusses the changes in insolvency regulation in relation to pre-pack deals in administrations. Insolvency legislation has been coming thick and fast in recent months, and this time it's pre pack sales to conn