Navigate the complexities of Scottish restructuring and insolvency with our expert guidance. Our resources offer practitioners detailed insights into local legislation, case law, and procedural nuances, ensuring you stay ahead in an ever-evolving landscape.
The LexisNexis Restructuring & Insolvency practical guidance team has published a new Practice Note: ‘Seizure of a bankrupt's property under section...
The Insolvency Service announced a seven-year director disqualification for Philip Walker for participating in the Atherton insolvency avoidance...
The Bar Standards Board (BSB) has issued updated guidance on the use of artificial intelligence (AI) and other technologies by barristers. The...
The Institute of Chartered Accountants of Scotland (ICAS) has published its insolvency technical update for April 2026, confirming that the Scottish...
Role, powers, functions and duties of a liquidatorThe role and function of a liquidatorA liquidator is the officer appointed when a company goes into...
Bonds and notesThe terms ‘bonds’ and ‘notes’ are used interchangeably (and there is no legal difference between the terms), though notes tend to be...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as...
Basic introduction to super senior, senior, mezzanine and junior debtThe range of funding options open to companies has exploded, resulting in a vast...
Scotland: set-off in the context of insolvencyIntroductionIn practice, the phrase ‘set off’ in Scotland is generally used as a generic term covering the operation of certain principles which allow a debtor to resist a claim for payment against them (either partially or fully) on the basis of
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin
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