Paul Keddie

Macfarlanes

Paul is a senior solicitor who has extensive experience in advising on various corporate restructuring and recovery matters. Paul's clients include companies experiencing financial difficulties, their directors and shareholders, insolvency practitioners appointed over such companies, lenders to and other major creditors of troubled entities, investors using a “loan to own” strategy and buyers of businesses where there is an insolvency aspect.

Paul is a qualified insolvency practitioner, having passed the Joint Insolvency Examination Board examinations in 2013.

Paul has experience of restructurings and financings in a number of sectors including retail, care homes, hotels and leisure, insurance, airlines and consumer lending. Paul also recently completed a secondment to a distressed credit fund where he worked on investments in a number of industries, including oil and gas and shipping.

Contributed to

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Dobbies Garden Centres: key considerations for restructuring plans proposed in Scotland and the holding

Practice Notes

This Practice Note, produced in partnership with Allana Sweeney of Burness Paull LLP and Paul Keddie of Macfarlanes LLP, looks at the Dobbies Garden Centres Limited Part 26A restructuring plan (RP) which was approved in the Court of Session in Scotland on 9 December 2024. It provides detailed analysis of the legal framework of Part 26A RPs in Scotland and clarifies the judicial guidance on creditor meeting validity and proxy holder representation. The Dobbies RP is the first Scottish RP using cross-class cramdown to compromise property liabilities and has set a precedent for future Scottish and cross-border RPs.

Restructuring & Insolvency