ImportantMaclay Murray & Spens LLP is a limited liability partnership incorporated in Scotland with registered number SO300744 and having its registered office at 1 George Square, Glasgow G2 1AL. Maclay Murray & Spens LLP is a firm of solicitors authorised and regulated by the Law Society of Scotland and the Solicitors Regulation Authority, with the SRA Registration Number 442975. A list of members is available for inspection at the registered office and other offices.

Design & IllustrationsStand | www.stand-united.co.uk

Photography Stand & Laurence Winram | www.lwinram.com

Environmental Our Review is printed on ECF (Elemental Chlorine Free) and 50% recycled, 50% virgin fibre, carbon balanced papers manufactured from materials sourced from responsibly managed and sustainable commercial forests, certified in accordance with the FSC.

Printed in Scotland by a company working to the following standards ISO 14001: 2004 environmental, ISO 9001: 2000 Quality that is FSC certified.

FrontMichael DeanEU, Competition & RegulatoryPartner & Head of Department

BackBianca WilsonFinancial ServicesTrainee

Very Smart People™

At MMS we believe that delivering an excellent service requires each and every member of our team to be performing at the top of their game all the time, whether they be lawyers or business support staff. In recognition of the importance of this team effort the models you see photographed in our literature and our website are MMS people from a range of disciplines across the Firm, not just our Partners and not just our lawyers.

It has been an encouraging year at Maclay Murray & Spens. We’ve grown as a firm – our new Chief Executive Kenneth Shand has taken the helm and we have welcomed plenty of new talent into the team. This Review highlights just some of our clients’ fantastic achievements. We’re immensely proud of our clients – based both in the UK and around the globe. Our teams have advised on complex and fulfilling projects – drawing on their multi-disciplinary expertise, and our colleagues in the Lex Mundi network. Earlier this year, we launched Kite – our new learning and development programme. It’s structured to develop our knowledge, information, technology and education so our teams become even stronger – and to ensure we offer our clients the most up-to-date, cutting-edge solutions. Our people have always made a superb effort for our Corporate Social Responsibility programme – and this year is no different. We’ve raised a fantastic £38,000 across our four offices, doing everything from creating cookbooks to running races. Team members from across the Firm even tested their fitness by taking part in the Three Peaks Challenge.

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Welcome

I am pleased to be able to present the Maclay Murray & Spens Business Review for 2014/15 against an improving economic background after a number of years where the recession and political uncertainty have predominated. The contents of this Review reflect this improvement in the growing volume of work across all of our offices and practice areas. I hope that you too are also enjoying the benefits of the more positive economic environment.

One of the most significant events for the Firm in the year since our last Review has been the election of Kenneth Shand as our new Chief Executive following the decision of Chris Smylie to step down from the role at the end of his three year term in May. Kenneth will be known to many of you, given his reputation as one of Scotland’s top corporate lawyers and dealmakers, and you will find his Chief Executive’s introduction on pages 7 and 8. He is an excellent choice and I look forward to working alongside him as he settles into his role.

I would also like to express our gratitude to Kenneth’s predecessor, Chris Smylie. Chris guided the Firm through three of the most difficult years of the recession and his leadership was fundamental to the Firm emerging from the recession in a robust financial position and with a strong platform for growth. Chris has moved on from the Firm to pursue other opportunities and we wish him well for the future.

The improvement in the Firm’s performance in the last year is clear from the pages that follow. In short, we had a very solid year to June 2014 and the early indications for the current financial year are promising. That performance is evidenced both by the quality and complexity of the work highlighted in the various case studies and also by a significant increase in both turnover and profitability over the previous period.

‘ The improvement in the Firm’s performance in the last year is clear.’

At MMS we have always remained focused on the need to ensure that we resource the Firm appropriately to maintain and where possible, improve the quality of the service available to you as clients. This last year has been no different in that respect and we have welcomed five Partners to the Firm. We are building on these foundations already with ongoing recruitment in each of our offices this year. It is also important to plan for the future and the evidence of our commitment to that lies in the number of full time positions we are able to offer qualifying trainees. Last year we were able to offer twenty roles and it is particularly gratifying to be able to offer permanent positions within the Firm to talented young lawyers.

Of course, there are many members of the MMS team and I would like to take this opportunity to thank each of them for their contribution over the last year. I believe MMS is a very special place to work and it is the quality, dedication and loyalty of our staff which lies at the heart of that.

Looking to the future, we are increasingly seeing evidence of the wisdom of our UK wide approach to servicing our clients’ needs – many of the case studies included in this Review feature cross-border working of multi-disciplinary teams. Added to that is the benefit of the centralisation of our overhead costs in Glasgow allowing us to operate very cost effectively in bringing that expertise to bear. Finally our exclusive UK membership of Lex Mundi, highlighted on pages 20-23, brings local support to that growing number of our clients looking for assistance outside of the UK.

In conclusion, I believe the Firm remains in a very strong position. We have a very clear idea of who we are and what makes us different as a firm to our competitors. A significant factor in that is an appreciation of the quality of the client base we have as a firm and an understanding of the trust that you place in us every time you instruct us. It is a privilege to be able to work with you and I thank you for your continued support.

Robert LaingNovember 2014

ChairmanRobert Laing

Direct dial +44 (0)330 222 1828Email robert.laing@mms.co.uk

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‘ Looking to the future, we are increasingly seeing evidence of the wisdom of our UK wide approach to servicing our clients’ needs.’

Performance

4

5

Sanaa AkhtarPrivate ClientTrainee

*includes 61 Partners

‘ We have over 400 people working in the Firm and where I think we are ahead of the game is in our understanding of how each member contributes to the team effort.’

It is a tremendous honour to be writing this introduction as Chief Executive of Maclay Murray & Spens. I joined the Firm as a trainee and have worked here ever since, having the good fortune to be able to work with many of you who will be reading this throughout my time in our Corporate team. It has been said that if you were to cut me in half you would find ‘MMS’ in the middle. I certainly appreciate that there is something unusual about this Firm that makes it special and I see it as my role to try to protect that singular character and culture as we evolve to meet the challenges of a marketplace that is changing rapidly in the face of many pressures.

There are big shoes to fill here. MMS has a legacy that stretches back to 1871 and in the last 140 years this is a firm that has employed some of the very best of the country’s legal talent. It is a firm that started life innovating – we were the first law firm in Scotland to be set up specifically to deal with commercial work. Most importantly of all it is a firm that has always benefited from being able to undertake outstanding, challenging work for fantastic clients, and to share their journey as their successes led to growth both domestically and internationally.

It seems to me that the recipe for success is in these three elements: ensure you have the best talent available, keep ahead of the demands of the marketplace through innovation and be on hand to support your clients wherever their journey may take them. If we can do these three things through my tenure as Chief Executive and in doing so maintain the identity and culture of the Firm then I think that will count as success.

I have been offered a tremendous platform to build upon and I would like to take this opportunity to thank my predecessor, Chris Smylie. Chris saw the Firm through the teeth of the recession and managed the Firm prudently and with conviction. His legacy is a firm handed over in rude financial health and with all of the foundations in place to grow and develop in a post-recession marketplace.

‘ Deals are becoming bigger and more complex, advice is becoming more sophisticated... there has never been a better or more exciting time to be involved in the business of law.’

And we are certainly optimistic that the worst of the recession is behind us at last. From our perspective we are seeing clients become busier and investment easier to obtain.

Chief ExecutiveKenneth Shand

Direct dial +44 (0)330 222 1954Email kenneth.shand@mms.co.uk

7 Continued overleaf...

That in turn is manifesting itself in increasing levels of work across the Firm. Deals are becoming bigger and more complex, advice is becoming more sophisticated more often. This is nowhere better illustrated than in the case studies in this Review and we are profoundly grateful to the clients who have allowed us to highlight their projects here, and in doing so have allowed us to share in their achievements.

The market is also becoming more challenging. There are increasing pressures from commoditisation, globalisation and new market entrants. The phenomenon of near-shoring is leading to increased competition for our professional support talent. Investment in IT and process development is ongoing and never-ending. These pressures are being felt across all professional services firms, of course, and the prize will go to those best able to adapt and move quickly to align themselves with the new norm. I believe there has never been a better or more exciting time to be involved in the business of law. We have an opportunity to shape what it means to be a modern law firm to an extent that would have been unthinkable even ten years ago. I relish the challenge of addressing that task with the fantastic people I have around me in MMS.

We will not be able to do that alone, however, and central to our success will be the involvement and activities of our clients.

We are looking very carefully at all of our client care processes having overhauled our account management programme very recently. If we have got that right then that in itself should make it very much easier for us to feed client views and perspectives into our development. I very much value your views on what the Firm is doing and how we are performing. Our aim is to be the very best firm you could hope to have in your corner, so it is crucial that we know where we are doing well and also where we may be falling down. My contact details are at the top of this page and I would love to hear your views on what you think we could do better and where you have received outstanding service.

‘ Our aim is to be the very best firm you could hope to have in your corner.’

MMS is a big team. We have over 400 people working in the Firm and where I think we are ahead of the game is in our understanding of how each member contributes to the team effort. We recognise that while our lawyers can produce very complex, technical advice, they rely on our secretarial team, our mailroom, our IT function and many others to ensure that advice is delivered as efficiently and quickly as possible. We understand that our telephonists and our receptionists are the face of the Firm for you and play a very significant part in our responsiveness.

This Review is in effect a celebration of that team. If you look at the photography and the titles of those included you will see that we have selected people from throughout the Firm, not just Partners, not just lawyers but valued team members from every discipline because we know how important the contribution of each and every MMS person is if we are to give you as our clients the best possible service. To that recognition I would like to add my own thanks and appreciation for all of their hard work and loyalty over the past year.

I hope you enjoy reading this Review and that it gives you a glimpse behind the scenes of the kind of firm we are. If you are a friend of the Firm, an ex-employee or former Partner we look forward to catching up with you soon, if you are a competitor perhaps you should consider joining us! If you are a client, I can assure you we understand that it is a privilege to work with you. Thank you for choosing MMS and I hope we have many opportunities to work together in the future.

For my own part, I will begin that task of building on talent, encouraging innovation and ensuring that client focus is the prime consideration in everything we do.

Kenneth ShandNovember 2014

Direct dial +44 (0)330 222 1954Email kenneth.shand@mms.co.uk

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Maclay Murray& SpensVery SmartPeople™

Jonathan IngramCorporate Partner

Mamoun ShafiBanking & FinanceAssistant

Laura SmithFinancial ServicesTrainee

‘I was attracted to the Firm’s focus on fostering long-term client relationships – client care is at the centre of our ethos.’

Greig MillarPropertyTrainee

‘The SEP deal (see page 28) was the first of its kind in this sector – we drew on experience and specialist knowledge from all corners of the Firm.'

Kimberley GohCorporateAssociate

Nur Hemsi Employment & PensionsTrainee

Claire ArmstrongCorporate

Claire is a Corporate Partner in the Firm’s Edinburgh office. Her main practice area is M&A work, advising a broad range of clients, both in terms of size and sector type. She also has extensive experience in private equity work and other complex corporate / commercial projects with particular expertise in the life sciences sector. Claire is admitted as a solicitor in Scotland and in England & Wales.

Alexis GrahamPrivate Client & Charities

Alexis is a Partner in the Private Client & Charities Department, based in the Firm’s Glasgow office. She specialises in all aspects of estate planning and asset protection including the administration and formation of trusts, preparation of Wills and Powers of Attorney, inheritance tax mitigation and Executry administration. She has a particular interest in advising entrepreneurs and has considerable experience dealing with contentious and complex executries. Alexis is also a Notary Public and a fully qualified member of the Society of Trust and Estate Practitioners.

Aberdeen Asset Management Lead adviser on Aberdeen Asset Management SWIP deal

In November 2013 and through the first quarter of 2014, we acted as lead legal advisers to our long-standing client Aberdeen Asset Management PLC, as they acquired Scottish Widows Investment Partnership Group (SWIP) from Lloyds Bank. The deal included SWIP’s private equity and infrastructure fund business.

The acquisition – for approximately £550m – enhances Aberdeen Asset Management’s position as a leading independent global asset manager. It also introduces a long-term strategic relationship with Lloyds across its wealth, insurance, commercial banking and retail businesses. Lloyds acquired a 9.9% stake in the enlarged Aberdeen Asset group as consideration for the SWIP business.

The deal – which completed at the end of the first quarter of 2014 – was led by MMS Partner Guy Norfolk, who heads up our financial services group from our London office. It included corporate work, financial services and outsourcing aspects, tax, employment, pensions, competition and regulatory and real estate. Teams from across our four offices were involved in the transaction.

The high profile acquisition scooped the prestigious Deal of the Year award at this year’s Scottish Business Insider Deals & Dealmakers Awards. It also won the Acquisition of the Year category. Judges said: “This was a really creative deal with longevity in mind.”

17 News

MMS Edinburgh

Address Quartermile One15 Lauriston PlaceEdinburgh EH3 9EP

Telephone +44 (0)330 222 0050Fax +44 (0)330 222 0052

DirectionsIf you are arriving by train, both Waverley and Haymarket stations are about 15 and 20 minutes walk away respectively. If you are driving, unfortunately we do not have any parking at the building, however there is metered, on-street parking on Chambers Street which is a short walk away, or you can find the nearest NCP car park at Quartermile, Edinburgh EH3 9AU.

AboutOur Edinburgh office is a Norman Foster designed building situated on the edge of the Meadows within the Quartermile development. Quartermile was formerly the site of the old Edinburgh Royal Infirmary and is an award winning development blending the architecture of the Victorian buildings of the hospital with very modern office and residential developments. Our meeting rooms offer stunning views to Edinburgh Castle in the North and the Pentland HIlls in the South and the state of the art building houses the very latest in technology to support the work of our lawyers.

Download Map PDF

18News

MMS Aberdeen Major transactions lead to growth for Aberdeen banking team

Our Aberdeen team has experienced significant growth over the last 18 months, advising on some of the largest financing transactions in the North East of Scotland.

The 30+ deals we’ve led on have included advising Baxters Food Group Ltd in the refinancing of its banking facilities – as well as acting for the lenders to some of the region’s largest businesses, including ARR Craib, John Clark Motor Group, John Lawrie Group, TWMA Group and CHAP Group.

We’ve also advised the lenders to CHC Helicopter Group, and the lenders to Viking Supply Ships on its 445m Norwegian kroner financing.

‘Our clients have been active in executing growth strategies and investment appetite remains strong in the North East of Scotland economy.’ Stuart Fitzsimmons MMS PartnerBanking & Finance

MMS Aberdeen

Address 66 Queens RoadAberdeenAB15 4YE

Telephone +44 (0)330 222 0050Fax +44 (0)330 222 0051

DirectionsOur office can be found in the heart of the city’s business centre. If you are arriving by train, a taxi from the station takes less than 15 minutes. From Aberdeen Airport, a taxi takes approximately 30 minutes. If you are driving, coming from the South, Queens Road can be found by following the A90 signs on Anderson Drive for Peterhead & Fraserburgh. You will then look for signs for B9119. Turning right off Anderson Drive takes you into Queens Road. There is some limited parking in the grounds of our building, alternatively you can park directly on Queens Road.

AboutOur Aberdeen office is situated right in the heart of the Aberdeen business community, at 66 Queens Road in the West End of the city. Situated directly opposite two of Aberdeen’s best known hotels, the building has had various guises over the years, at one point a family home before becoming offices. We established our Aberdeen presence there over 11 years ago in 2003, expanding to occupy the entire building in 2007.

Download Map PDF

SkyscannerOverturning a CMA decision for Skyscanner

In September 2014, MMS won an appeal for Skyscanner against a decision made by the Competition and Markets Authority (CMA). It was a first for this particular kind of appeal – and it has been hailed as “great news for consumers”.

The CMA – which used to be called the Office of Fair Trading – made the decision in January 2014, following a three-year investigation into allegations of price fixing by online travel agents.

It meant that discounted rates for hotel rooms could only be seen by consumers who had signed up to membership schemes.

But for a price comparison site like Skyscanner, this was far from ideal. The CMA’s decision meant that anyone searching its site wouldn’t have been able to find the most discounted rates.

Skyscanner believed this reduced transparency in pricing and potentially hindered competition in the online travel market. So they turned to MMS to represent them at the Competition Appeal Tribunal (CAT).

‘ Skyscanner has become a brand leader in this market and the case highlights the importance of a strong regulatory regime that allows such pioneers to thrive, in the knowledge that they face a fair playing field.’

Catriona MunroMMS PartnerEU, Competition & Regulatory

MMS Partner Catriona Munro, from our EU, Competition & Regulatory team, said: “This was a particularly tough case, with high legal hurdles to overcome.

“The decision by the CAT is a welcome boost to consumers and the burgeoning search industry.”

Skyscanner was launched in 2003 and has seven offices across the world. Its headquarters are in Edinburgh.

Carolyn Jameson, its General Counsel said: “This was great news for consumers as well as the wider travel industry. We are grateful for the support of MMS – the team quickly got to grips with the complexities of the case and worked hard to assist us.”

Catriona Munro added: “This case will be welcomed by the industry, including search sites, which inject important competitive energy into online markets. The CMA will now look again at the arrangements between hotels and online travel agents.”

19 News

2014MMS advised on £2.4 billion of corporate deals

Lex MundiAccess to a world of legal advice

Our clients benefit enormously from our membership of Lex Mundi, the world’s leading association of independent law firms, which means we can offer the highest level of international legal advice and support and manage the delivery of that advice on our clients’ behalf.

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21,000+ LAWYERSLex Mundi provides access to legal professionals with in-depth region-specific expertise.

FIRMSThere are 160 top tier law firms in the network.

A TRULY GLOBAL REACHLex Mundi has a presence in over 100 countries.

600 OFFICESLex Mundi is a worldwide network.

MMS International£155m deal through Lex Mundi AGR Group ASA is one of the largest independent well management groups in the world. It counts some of the globe’s biggest oil companies amongst its clients. We advised the Oslo-based group on the sale of its global petroleum services division to European private equity firm Silverfleet Capital – in a deal worth 1,640m Norwegian kroner (approximately £155m).

Norwegian firm Thommessen AS introduced us to the deal via the Lex Mundi network. We handled the UK legal aspects of the sale and purchase agreement, which was governed by Norwegian law. We also produced a UK vendor due diligence report for bidders.

Global deal worth 1,640 million Norwegian kroner (approx. £155m) We enjoy an excellent relationship with Thommessen through the Lex Mundi network – which benefits our respective clients in the UK and Norway greatly.

Corporate Partner Andy Lowe led the MMS team from Aberdeen. The deal involved all four of our offices and numerous practice groups – including corporate and commercial, banking, employment, pensions, IP/IT, environmental, tax, commercial property and litigation.

21 MMS International

UNITED STATESThe Lex Mundi network spreads across 50 US states.

TRAININGLex Mundi provides access to Professional Development programmes.

MMS¹S SUCCESSMMS awarded Lex Mundi’sTop Referring Firm 2013.

PERFORMANCEAll Lex Mundi members are regularly and rigorously reviewed.

600 OFFICES

Lex MundiA Global MMS 22

Since we joined Lex Mundi, the world’s leading association of independent law firms, we’ve been able to assist our clients with their operations wherever in the world that takes them; supporting them in over 80 different jurisdictions globally.

COLOMBIA

GUATEMALA

TENNESSEE

MEXICO

TEXAS GEORGIA

WISCONSIN

BRITISH COLUMBIA

ALASKA

MASSACHUSETTS

MARYLANDPENNSYLVANIA

CAYMAN ISLANDS

URUGUAY

BRAZIL

PANAMA

NETHERLANDS ANTILLES

BARBADOS

ALBERTANEWFOUNDLAND

NOVA SCOTIAOHIO

DELAWARE

SASKATCHEWAN

DOMINICAN REPUBLIC

TRINIDAD & TOBAGO

CALIFORNIA

OREGON

ICELAND

POLANDLUXEMBOURG

NETHERLANDSGERMANY

WASHINGTON

TURKS & CAICOS ISLANDSBAHAMAS

BERMUDA

BRITISH VIRGIN ISLANDS

USA

CANADA

MISSOURI

LOUISIANA

ARIZONA

IRELAND

SWEDEN

BELGIUM

AUSTRIAHUNGARY

FINLAND

CZECH REP.

ESTONIALITHUANIA

NORWAYDENMARK

JERSEYFRANCE

PORTUGALSPAIN ITALY

EGYPT

MALTA GREECECYPRUS

BULGARIAROMANIA

MOROCCO

GHANA

SOUTH AFRICA

SWITZERLAND

ISLE OF MAN

Connecticut, USAWe helped international aerospace engineering group MB Aerospace Holdings Limited on the completion of a secondary MBO which provided significant funding, attracting support from a Washington DC-based private equity fund. The buyout paved the way for the acquisition by MB Aerospace of Delta Industries, a Connecticut-based component and aero-engine manufacturer. We were assisted by our Lex Mundi partner firms Foley Hoag LLP in Massachusetts and Butzel Long in Michigan.

NIGERIA

ALGERIA

NEW JERSEY

ST KITTS & NEVIS

CONNECTICUT

23 MMS International

AUSTRALIA

AustraliaAssisted by Australian member firm Clayton Utz we advised unconventional gas exploration company Composite Energy Limited (now Dart Energy Europe Limited) on an initial $12 million investment by Australian stock exchange listed Dart Energy Limited, and the subsequent $47 million sale of the company to Dart Energy Limited.

CHINA

SOUTH KOREA

HONG KONG

SINGAPORE

THAILAND

BANGLADESH

JAPAN

TAIWAN

INDIA

RUSSIA

MAURITIUS

PAKISTAN

KUWAITISRAEL

TURKEY

UNITED ARAB EMIRATES

MALAYSIA

NEW ZEALAND

Duncan WalkerDirector

‘ These guys are at the commercial end of law... They are swift, they are pragmatic and they are easy to get on with.’

We have been working withLondon-based property investment and development company Helical Bar since 2010, with our Property Partners Simon Etchells and Anju Suneja managing the Firm’s relationship. In the past year we’ve supported the company through a number of significant transactions – including the acquisition of two major portfolios of properties, with a combined value of more than £90m.

Helical Bar is a fast-moving company that needs its advisers to work seamlessly, and at a pace.

Both portfolios contained a large number of properties – each with their own complexities and special features. Yet we turned them around efficiently and to deadline, completing one transaction in just 10 days.

The Constellation portfolio This £40.15m portfolio comprises office and industrial space. It includes an industrial unit in Burton upon Trent in the popular Centrum Business Park – which is let to the Amethyst Group, and an office building at Castle Donington, which is let entirely to National Grid.

The Quartz portfolio This comprises 10 regional properties bought from overseas private clients of Jones Lang LaSalle for £50m – reflecting a yield of more than 8%.

The mixed use portfolio is made up of retail and leisure assets, office properties and industrial space across the UK in Reading, Crawley, Cannock, Cardiff and Birkenhead. Tenants include Clydesdale Bank, Homebase, the Co-operative Group, JD Wetherspoon, the Secretary of State for Communities and Local Government, Thames Water and Derbyshire Police Authority.

Large teams of specialistsAnju Suneja said: “For both projects we deployed large teams of specialists, supported by project managers. The deals drew on the expertise of our Real Estate, Corporate, Construction, Planning, Banking and Tax teams in both London and Glasgow.

“Being able to tap into expertise from so many areas in-house is essential. We can provide a seamless service because we are able to access expertise from the wider team.

“Project management is important because it means we keep on top of issues and address and satisfy them as they appear. It’s part of a package that helps us deliver a large number of properties all at the same time.”

Simon and Anju’s team included Sarah Tavernor, Jo Campbell-Smith, Nicholas Mole and Lauren Miller. They carried out extensive due diligence, which revealed significant issues.

In one case, a property was dropped from a portfolio when we found its Leeds site was directly in the path of the proposed HS2 train line. In another example, our teams negotiated variations on a long-lease contract on a property in Castle Donington.

“In terms of investment value,” says Duncan Walker, a director at Helical Bar, “This was a real issue.”

Valuable serviceHe added: “Ten days is a normal turnaround time for us, but it is not normal for the market – so we need to know that the advisory team can keep pace with us.

Swift, pragmatic and easy to get on with“The law and technical due diligence that MMS offer are of course highly competent. MMS are also able to offer advice in a number of areas – like banking – and that’s a valuable part of the service.

“MMS are very good to work with. The primary reason is that they are extremely straightforward, and they don’t act like lawyers. By which I mean they don’t get bogged down in the minutiae, you don’t have to wait five days for a response from them. These guys are at the commercial end of law.

“They buy into the way we work, and they’re as responsive as we try to be. They are swift, they are pragmatic and they are easy to get on with.”

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Helical Bar PlcProperty portfolios delivered seamlessly

Case Study

It’s not often you hear a lawyer describe a project as “magical”. But helping to get the Isle of Harris Distillery off the ground has been just that.

Founders of the project contacted us in 2011. They had already been working for a number of years to generate interest and were ready to start bringing the whole thing together.

Their enterprise is particularly special because as well as producing a fine single malt, its aims are to bring much-needed employment to the island’s fragile economy – and to be sensitive, at every level, to the unique character and needs of Harris.

We are the distillery’s sole legal adviser. Teams across MMS have been heavily involved in the project. We’ve advised on everything from communications with investors, through to tax, corporate issues, construction, property, intellectual property and employment.

Securing funding of £10.5mThe £10.5m raised included a £1.9m government grant, with top-up funding from Highlands and Islands Enterprise. The rest came from Scottish Enterprise and 18 private investors living all around the world.

Founding shareholder Anderson Bakewell said: “Our strategy was not to cast the net widely, but to contact individuals – and then to make sure that people understood that this was a long-term project and a long-term investment.”

Our Corporate team – headed by MMS Chief Executive Kenneth Shand – advised on the terms of the documentation for the aggregate investment. And our Tax team, under the direction of Gwen Souter, advised the distillery on its suitability for the Enterprise Investment Scheme.

Investors in worldwide jurisdictionsCarolyn Christie, an Associate in our Corporate team said: “There was an interesting mix of private investors and Scottish investment.

“In the preparatory stages, our membership of Lex Mundi was very important. It helped us to understand what kind of conversations we could lawfully have with investors in different jurisdictions.

“We needed to accommodate particular requirements – but there was goodwill across all of the investors. It was simply finding a way that worked for everyone.”

Securing the site and water rightsIain Macniven and Kenneth McLaren from our property team worked with the distillery to secure the lease on the Tarbert site. They also negotiated with individual landowners and the Crown Estate over access to water.

Carolyn Christie added: “Water is of course an essential component in the whisky making process – and we needed to negotiate with a number of stakeholders about water routes and transportation.”

Building beginsAdvice from our Head of Construction, Mark Macaulay, was essential for getting contractors on board, adequate protection from seawalls – and building underway.

In Spring 2014, the company broke earth at the site. The distillery is scheduled to be completed by the first half of 2015. Each year, it will produce around 300,000 bottles of single malt whisky – to be called The Hearach, the Gaelic for an inhabitant of the island. It will also distil a Harris gin.

A magical projectCarolyn Christie said: “Our clients have shown real dedication to bringing the distillery to Harris. It’s a magical project.

“They’ve secured the money and put an international business out there. It’s a real success at a time when there are a number of projects like this looking to get off the ground.”

Anderson Bakewell said: “We’re all very impressed with MMS. Everyone involved took a personal interest in the project and have surpassed themselves in their commitment and applying themselves.

“They have been a pleasure to work with. They are meticulous and distinguish themselves with their involved, and very personal, level of service. They understood it was a project set apart.”

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Isle of Harris Distillers Ltd.Launching a new whisky brand

Case Study

Anderson BakewellChairman

‘ Everyone involved took a personal interest in the project and have surpassed themselves in their commitment.’

In September 2014, our long-standing client Scottish Equity Partners LLP (SEP), through its newly established Environmental Capital Fund (ECF), concluded a landmark £52.7m deal acquiring SSE Pipelines from SSE plc as ECF’s cornerstone asset to form the Indigo Pipelines group.

ECF is the first fund of its kind in the UK and has secured commitments of £135m to invest in smaller-scale, UK-based clean technology companies – like hydro power, energy efficiency, heat pumps and district heating schemes.

Our Corporate, Regulatory and Banking teams were all heavily involved in getting the deal across the finishing line – with support from our Intellectual Property, Property and Employment teams.

Regulatory constraintsSuccess came after 12 months of extremely complex work. When Indigo Pipelines acquired SSE Pipelines, it became the owner of one of the UK’s largest licensed independent gas transporters responsible for safely transporting gas to more than 130,000 residential and commercial properties across the UK.

This meant that key service agreements had to accommodate corporate, regulatory and health and safety requirements.

Corporate Partner Iain Sutherland – who headed up the MMS team – said: “The regulatory framework restricts the financing and third party operation of a company like SSE Pipelines. It is complicated – but having worked with other licensed companies and with Ofgem on similar projects we were familiar with the issues.

Original thinking“For this transaction, our cross-departmental abilities meant we could offer a one-stop-shop, which was seamless from our client’s perspective.

“This wasn’t an off-the-shelf deal. It was really bespoke stuff where we started with a blank piece of paper, worked out what our client wanted to achieve and worked out how we could get them there.”

SEP Partner Gary Le Sueur said: “ECF came about because there was a gap in the market – an opportunity for institutional investors to invest in smaller-scale clean energy projects.

Guidance through new issues“MMS did a superb job in preparing the acquisition to get the fund off the ground. It was very complicated and it involved understanding the commercial risks from a regulatory and health and safety perspective.

“They were invaluable in creating complex service agreements. They were patient and resilient – and the quality of their work and original thinking never wavered.”

Andrew Buchan, General Counsel for SEP said: “MMS helped us to navigate through complex issues. This is a new area for us – so we needed assistance from the regulatory team at MMS.

“They had been involved in similar deals before and have in-depth knowledge of the industry – so they were able to bring it all together with an understanding of the issues that were likely to arise.

Project managed from start to finish“They understood the deal that both sides wanted to do and worked collaboratively with SSE’s internal legal team to come up with novel solutions to difficult problems.

“MMS are very good in these situations. They are able to think beyond the pure legalistic approach – they’re pragmatic and commercial.

“Iain and his team helped to project manage this from start to finish. We have been extremely impressed.”

Key MMS people on the deal were Iain Sutherland, Claire Armstrong, Carolyn Christie and Kimberley Goh from our Corporate team. On the Regulatory side were Carolyn Burns and Linda Coe. And from our Banking team, Susan Kelly, James Wilson and Roisin Forde all contributed.

Scottish Equity PartnersCompleting a landmark £52.7m energy deal

28Case Study

Gary Le Sueur Partner

Andy Buchan General Counsel

‘ MMS are able to think beyond the pure legalistic approach – they’re pragmatic and commercial.’

Grameen Pro-bono support for micro entrepreneur charity

Grameen is a registered charity that started out in Bangladesh 35 years ago, getting mainstream lenders to give micro loans to entrepreneurs from disadvantaged backgrounds.

The charity began trading in the UK in 2013, providing its first loans to individuals in the West of Scotland. We assisted the charity with incorporating in the UK, and with gaining charitable status from the Office of the Scottish Charity Regulator.

We’ve continued to offer support on corporate, immigration and charity governance issues, as well as with bespoke queries from Financial Conduct Authority inquiries, through to providing guidance on data protection compliance.

The charity’s work follows the principles developed by Nobel Peace Prize winning Professor Muhammad Yunus. As well as helping disadvantaged entrepreneurs to find start-up capital, it provides ongoing mentoring support.

‘ Without MMS’s unstinting levels of support we would not be in the position we are now.’

Kevin CadmanCEO, Grameen UK

We greatly look forward to continuing to support Grameen with their ongoing growth in the UK.

Kevin Cadman, CEO of Grameen in the UK said: “Grameen in the UK is very fortunate to have had the support from MMS over the last four years.

“They have, without doubt, provided invaluable advice and guidance through what has been a challenging and difficult period of incorporation and entry into the UK financial services marketplace.”

“Without their unstinting levels of support we would not be in the position we are now – actively trading and supporting families in need across a number of communities in the West of Scotland.”

MMSA performance partnership: MMS to share the Olympic journey

MMS has teamed up with elite athlete, Keri-anne Payne, a highly successful open water swimmer and winner of a clutch of Olympic and World championship medals. The move, in which Keri-anne becomes an ambassador for MMS, sees the Firm support her through to the Rio Olympics.

Keri-anne Payne won a silver medal in the open water 10K event at the Beijing Olympics in 2008, followed by gold in the 2009 and 2011 World championship.

MMS’s sponsorship of Keri-anne Payne follows the Firm's long-standing commitment to working with local organisations and individuals of exceptional talent.

Some Partners and staff are currently involved in coaching sports organisations and individuals as part of the Workout for Sport initiative with the Firm also sponsoring the Paul Lawrie Golf Centre and backing this year's Aberdeen Asset Management Scottish Open 2014.

30News

31 News

Gatehouse Leading PRS joint venture for Shariah compliant bank

Gatehouse is a leading, London-based Shariah compliant investment bank with a £1bn+ real estate portfolio across the UK and US.

In 2013 we were appointed as Gatehouse’s UK legal adviser on a joint venture with Edinburgh-based property regeneration specialists, Sigma Capital Group plc to build up to 6,600 homes for the UK rental market.

Prime Minister David Cameron issued a statement welcoming the joint venture’s investment into the rental market.

The first phase will see 1,000 new residential properties being built at approximately 16 sites in the North West of England. This stage will come in at around £100m – and to develop the whole portfolio, costs are estimated at £700m.

As a first step, the two companies entered into a framework agreement in December 2013.

Funding has kicked off and financial close is expected in the final half of 2014. Work on site will begin shortly afterwards.

‘ We needed a UK legal adviser that had the capability to advise us in a number of areas and could handle a project of this size. I was impressed with MMS’s strength in depth and their commitment to the project. Their advice is critical to completion of this deal.’

Scott Nicol VP Real Estate, Gatehouse

Gatehouse intends to invest up to £1bn in the residential sector in the UK.

Property Partner Barry McKeown led the MMS team, which included our Construction, Corporate, Financial Services, Banking and Tax teams.

Percentage of our clients who would recommend us.*

* In response to the question: ‘On a scale of 0-10, where 10 is highly likely and 0 is not at all likely, how likely would you be to recommend MMS to a friend or colleague?’ It is widely regarded that a score of 7 or more is positive.

93M&G Real Estate Helping Quartermile to grow

MMS was the first significant occupier of Edinburgh’s prestigious Quartermile site. So we found it particularly fulfilling to help M&G Real Estate acquire two further Quartermile development areas in July 2014.

The £80m investment paves the way for one of the largest speculative developments in the city over the next year or so.

The transaction was complex and involved overage provisions and other potential restrictions. We created a suite of inter-related funding and construction documents – which, crucially, contain a funding mechanism that allows phased development.

It means the second site will not be developed until an agreed number of lettings have been achieved in the first. This phased approach was key for our client.

The Property team acting for M&G Real Estate on this major project was led by Partners Gordon Aitken from Property and Mark Macaulay from Construction & Engineering. They were assisted by Lorna McCaa on tax matters, Barry Edgar from Property, Gillian Simpson from Planning and Martyn Dickson from Construction & Engineering.

32News

Land Securities £125m shopping centre disposal

In late 2013, Land Securities sought the specialist expertise of MMS Partners Simon Etchells and Bill Fowler, to prepare for sale, Overgate, Dundee, a 410,000sq ft shopping centre.

MMS strongly advocates having a detailed understanding of client assets, identifying deal pressure points and taking solutions into the sale pack. Working closely with global real estate practice Cushman & Wakefield, technical briefing notes were prepared and a data room established. Following a full marketing campaign, Legal & General were identified as the preferred bidder.

The transaction was complex. The asset was held in an English limited partnership vehicle, with a Jersey-registered general partner and various layers of title. To meet Legal & General’s structural needs, Land Securities agreed to reorganise ownership of the shopping centre prior to completion of the deal.

Simon Etchells from Property and Bill Fowler from Corporate led the MMS team. Colleagues from our London, Edinburgh and Glasgow offices advised on tax, intellectual property, construction, planning, employment and litigation, while our Lex Mundi partner firm Mourant Ozannes provided incidental Jersey advice.

‘ Given Simon and Bill’s previous work for us, we knew that MMS had the necessary skills and resource to handle a deal of this complexity. They again demonstrated their proactive approach, which, when linked to their ability to call on the full range of MMS expertise, made sure we had clear advice on every aspect of the transaction.’

Gary SherwinHead of Retail Investment, Land Securities

£125 million

2014MMS advised on property deals in excess of £3.25 billion

410,000sq ft

David SandersMarketing Director of Marketing

Yvonne Allan Property Associate

‘As a team we have high expectations of each other - to find creative and practical solutions for our clients.’

Craig NeilsonCommercial Dispute Resolution

Craig is a Partner in our London Commercial Dispute Resolution team with a particular focus on financial services litigation. He acts in disputes throughout the sector, with recent instructions involving investment funds, insurers, wealth managers and Bitcoin. He has spoken at conferences of the Wealth Management Association and the Association of Foreign Exchange and Payment Companies on contentious CASS issues and FOS disputes respectively. Craig is admitted as a solicitor in both England & Wales and Scotland.

Andy McLeanFinanceAssistant Financial Accountant

‘We’ve developed a close working relationship with our legal teams – improving communication and efficiency means we can offer a better service to our clients.’

Anju SunejaProperty

Anju is a Partner in the Property Department. She is English qualified and splits her time between our Glasgow and London offices. Anju has a broad range of commercial property experience including investment portfolio acquisitions and disposals, development work and landlord and tenant work. Anju’s key clients are institutional clients, property companies, owner occupiers and developers. She specialises in the delivery and co-ordination of complex real estate investment and development transactions for a range of clients and businesses.

Bill FowlerCorporate Partner

Lorna McCaaTax

Lorna is a Partner in the Tax Department and has been with MMS since 2000 when she joined as a trainee solicitor. She is both a chartered tax adviser and tax lawyer, and has broad experience of providing tax planning and legal advice on corporate and commercial property transactions. Lorna has particular expertise in employee incentives, and in the business and family wealth sector.

Ferky AzibCommercial Dispute ResolutionAssistant

MMS KiteNurturing innovative knowledge and learning throughout the Firm

We began to tell you about our plans for a new knowledge, learning and development function last year.

In March 2014, we launched Kite. It’s a programme that brings together knowledge, information, technology and education – and it’s there to drive excellent client service throughout MMS, by sharing and improving our technical, professional and personal skills.

The programme pushes each of us so that we contribute to the best of our ability, and activities fall into three categories:

Identity – personal effectivenessProfessional – professional quality and competenceCommercial – making sure we are commercially minded

Underpinning our knowledge initiative is the Kite Library. This is a single centre for hosting all the information and knowledge we need for our client work.

Over the next few years, all members of the Firm will have significantly increased opportunities to drive their development – with, amongst other resources, access to a learning website.

The Kite logo is now our internal guarantee of quality – an assurance that all our knowledge and learning activities are of the highest standards. Importantly, it further underscores our focus on quality for our clients.

41 News

AwardsFantastic achievement at Lex Mundi awards

MMS took second place in the Top Referring Firm category at the annual Lex Mundi awards, held in New York in May 2014. We also picked up first place for Best Execution of Lex Mundi World Ready branding.

The scale and scope of the firms in the competition was impressive.

In the Top Referring Firm category, we were pipped at the post by Uria Menendez from Spain, and followed up by Florida law firm, Akerman.

The awards recognise our prominent position in the network, which allows us to partner with legal experts in jurisdictions across the globe.

Percentage of clients who strongly agree that we are Very Smart People.†

† MMS Client Satisfaction Poll, Acritas, 2013.Strongly agree = gave a score of 7 or more out of 10.

91

42News

First Milk Food industry partnership

First Milk is Britain’s largest farmer-owned dairy co-operative – and in 2014 we advised as they negotiated a long-term strategic partnership with Adams Foods.

‘ The MMS team ensured our new partnership with Adams Foods was configured in a manner which is fit for purpose for the long term and will maximise and protect the benefits available to our members.’

Gerry SweeneyGroup Finance Director, First Milk

Drawing on the skills and resources of both organisations, the partnership has created a fully integrated supply chain for hard cheese in UK retail, service and wholesale sectors. It allows First Milk to deliver on its strategic objective of providing a sustainable future for their farmers.

This was a substantial mandate for our market-leading Food and Drink team. It was led by Brian Moore from our Corporate team, and Alison Bryce from our Intellectual Property team.

MMS Glasgow

Address 1 George SquareGlasgowG2 1AL

Telephone +44 (0)330 222 0050Fax +44 (0)330 222 0053

DirectionsOur Glasgow office is situated in the heart of the city, on the south side of George Square.The office is within a 5 minute walk of Queen Street train station and Buchanan Street bus station and less than a 10 minute walk from Glasgow Central train station. From Glasgow airport a taxi will take approximately 20 minutes. Unfortunately there is no parking at the building but there is on street parking on the streets surrounding the office and there is an NCP car park, The Glasshouse, close by.

AboutG1, formerly the General Post Office building in George Square. Situated in the city’s civic, cultural and commercial heart, adjacent to the City Chambers, this landmark building is unsurpassed in terms of its location, quality, style and layout. Great care was taken in both the design of the building itself and in our own fit-out to ensure that our offices were environmentally friendly and our staff have embraced green working practices to allow us to build upon that foundation.

Download Map PDF

43 News

Muirden EnergyIncorporating crowdfunding to finance windfarms

Muirden Energy sought our help to structure the financing for a number of windfarm developments in Aberdeenshire this year.

Our Aberdeen office led the transactions, which involved a combination of debt, equity and crowdfunding – a type of structure we’re becoming increasingly expert at bringing together.

Stuart Fitzsimmons led our Banking & Finance team – and called on colleagues in our Property, Planning, Corporate and Capital Projects teams to structure a total of 10 transactions efficiently and to a tight timetable.

Throughout the deals, we worked with lenders including Close Brothers, Assetz Capital and Thincats Loan Syndicates.

Muirden Energy was set up in 2009 and operates in partnership with farmers and landowners to develop, build and run renewable energy projects.

They’ve experienced exceptional growth in that time – and their financing structures require innovative thinking. We’re looking forward to working with them as their portfolio expands.

Muirden Energy is just one of our renewable energy clients. Our Banking & Finance team has advised on a number of transactions involving onshore and offshore wind, hydro and biomass this year.

HiFX International sale of FX company

We have worked with foreign exchange company HiFX since 2012, when we advised on their management buyout.

The Windsor-based company turned to us again in May 2014 as they prepared to sell the business to Euronet Worldwide Inc. We acted as the company’s lead counsel on the £145m deal.

Led by Corporate Partner Ian Lumsden, our team comprised experts in corporate and financial services, intellectual property and IT, real estate, employment, pensions, tax and finance.

Our offices in London, Edinburgh and Glasgow were all heavily involved – and in addition, we co-ordinated with law firms in Australia, New Zealand and the US, via the Lex Mundi network. This was to make sure HiFX had regulatory clearance in all its markets.

‘ The MMS team had a wide-ranging global brief and took a leadership role in managing the many parties involved. They were very proactive and at all times had a full understanding of the deal requirements. They proved to be excellent value for money.’

Steve BownChief Financial Officer, HiFX

Percentage above UK benchmark.†17

We exceed Scottish, UK and global benchmarks on client satisfaction.†

† MMS Client Satisfaction Poll, Acritas, 2013.

MMS has a long-established tradition of contributing to the communities near our workplaces. From tackling the Three Peaks Challenge through to holding bake sales and creating cookbooks, teams from our four offices raised a fantastic £38,000 this year. On top of this, our Charitable Trust contributed a further £16,264 to 23 charities.

EdinburghOver the past year, our Edinburgh team raised £10,236 for the Teenage Cancer Trust.

They created a Saints and Sinners cookbook, comprising a mouth-watering array of healthy and not-quite-so-healthy recipes. They also held a Through the Keyhole quiz, featuring images of the homes and gardens of our very own Partners.

This year the Edinburgh team will be supporting the Cookie Jar Foundation. It’s a new charity, set up by the family of Christopher “Cookie” Coutts, who died of cancer last year, at the age of 19. He wanted specialist vein-finding equipment to be made available in every hospital – so we are helping the charity to fund this. One brave employee kick-started our fundraising with a skydive.

£10,236 raised for the Teenage Cancer Trust

Our Edinburgh team also volunteers at the Bethany Trust care shelter, cooking meals for the 40 people who stay there.

GlasgowOur Glasgow team raised £14,243 for its 2013/14 charity of the year, Macmillan Cancer Support. With the Commonwealth Games going on all around them, they organised all manner of sweepstakes – as well as holding book sales, dress down days, quiz nights and bake sales.

£14,243 raised for Macmillan Cancer Support They’re now raising money for a new hospice in South Lanarkshire. When it is finished, Kilbryde Hospice will allow patients to be treated closer to home, as there is currently no in-patient palliative care facility in the area.

Building is well underway and the hospice is due to open in late 2014. The team is looking forward to raising as much money as possible for the hospice this year.

AberdeenOur Aberdeen office raised £5,138 for their 2013/14 charity, the Aberdeen Cyrenians. The team has taken part in a number of challenges for the homelessness charity – including sleeping out on the streets of the city and running a 10k race.

CSRSupporting the communities in which we work 44

Aberdeen also keeps a tuck shop well stocked – with all proceeds going to their charity of the year.

This year, our colleagues in Aberdeen are supporting Kayleigh’s Wee Stars. The charity gives families of terminally ill children opportunities to have adventures and make memories with the time they have left together.

LondonOur London team raised £8,475 for the children’s cancer charity CLIC Sargent in 2013/14. The impressive sum included matched funding from the MMS Charitable Trust.

Highlights of the London office’s fundraising calendar included a Guess the Ghost quiz – with team members dressing up as spooks and ghouls. There was also a sale of stocking fillers at Christmas and an Eastertime, Are you Eggtelligent? quiz. In the Spring, there was a Contenders Ready? games night. Events included putting, a coconut shy, pin the tail on the Partner, ping pong and the Iron Mountain box challenge.

This year, the London office will be supporting Cancer Research UK – and members of the team continue to volunteer at the Citizens Advice Bureau in the Royal Courts of Justice every month.

Office-wideAll our offices joined forces this year to take part in the Three Peaks Challenge – to climb Ben Nevis, Snowdon and Scafell Pike in 24 hours. A total of 26 members of the team took part in June 2014, raising amazing sums for their nominated causes. Well worth the blisters and tired legs, we think.

45 News

MMS London

Address One London WallLondonEC2Y 5AB

Telephone +44 (0)330 222 0050Fax +44 (0)330 222 0054

DirectionsOur London office is conveniently located within 10 minutes walk of the following 3 tube stations:Barbican – Exit onto Aldersgate and head south, turn left onto London Wall past Museum of London, our office is located on the right hand corner. Moorgate – Exit onto Moorgate and head south, turn right onto London Wall and continue for approximately 5 minutes and our office is located on the left hand side. St Paul’s – Exit onto St Martin’s Le Grand, head north, turn right onto London Wall and our office is on the corner on the right.

AboutOur London address in many ways signals our aspirations: you’ll find us on the very top floor of One London Wall. Conveniently located in the City, clients can often be found in our reception area gazing at the superb view of St Paul’s and the panorama of the Thames from Tower Bridge to the London Eye. Another Norman Foster building, One London Wall has the outstanding client facilities and meeting rooms you would expect.

Download Map PDF

Whilst other firms send their clients the information they think they should be interested in, MMS Knowledge® is a service that allows you to subscribe to the specific legal information you need in the medium of your choice.

Register mms.co.uk/knowledge

MMS Knowledge®

Staying in the loop 46

Since we launched MMS Knowledge, our 4,000 subscribers have collectively requested 3,700 Smartguides and almost 13,300 e-updates from our free and multi award-winning service.

While we were extremely pleased in our client research study to see excellent awareness of and appreciation for MMS Knowledge, we believe that many of our clients and contacts are unaware of the free added value information we offer through the service.

SEMINARSAttend seminars and training sessions to keep yourself on top of changes in the law.

SMARTGUIDES®

Receive booklets offering understanding and practical guidance on a range of subjects.

E-UPDATESSign up for regular emails covering a wide range of topics, sent straight to your inbox.

ONLINE LIBRARYDip into our online information archive and select what you need to stay informed.

APPSView our Business Review and Smartguides wherever you are.

SHARING OUR KNOWLEDGE®

A

Acquisition Finance susan.kelly@mms.co.uk

Advocacy tim.edward@mms.co.uk

Agriculture & Estates gillian.downie@mms.co.uk

AIM brian.moore@mms.co.uk

Anti-dumping & Trade catriona.munro@mms.co.uk

Arbitration tim.edward@mms.co.uk

Asset Finance and Asset Based Lending stuart.fitzsimmons@mms.co.uk

Aviation douglas.blyth@mms.co.uk

Aviation Finance stuart.fitzsimmons@mms.co.uk

B

Banking & Finance susan.kelly@mms.co.uk

Bribery catriona.munro@mms.co.uk

Business & Family Wealth gwen.souter@mms.co.uk

C

Capital Markets brian.moore@mms.co.uk

Care Companies wendy.wilks@mms.co.uk

Charities eleanor.kerr@mms.co.uk

Commercial Contracts alison.bryce@mms.co.uk iain.sutherland@mms.co.uk

Commercial Litigation (England) chris.woodruff@mms.co.uk

Commercial Litigation (Scotland) tim.edward@mms.co.uk

Commercial Property gordon.aitken@mms.co.uk

Company Secretarial iain.sutherland@mms.co.uk

Competition Law catriona.munro@mms.co.uk

Computer Games alison.bryce@mms.co.uk

Construction mark.macaulay@mms.co.uk

Corporate Banking susan.kelly@mms.co.uk

Corporate Finance brian.moore@mms.co.uk

Corporate Recovery michael.hughes@mms.co.uk

Corporate Tax gwen.souter@mms.co.uk

D

Data Protection (Employment) amanda.jones@mms.co.uk

Data Protection (IP) alison.bryce@mms.co.uk

Debt Recovery douglas.blyth@mms.co.uk

Decommissioning kirsti.olson@mms.co.uk

Discrimination amanda.jones@mms.co.uk

Distribution & Agency michael.dean@mms.co.uk

E

Education amanda.jones@mms.co.uk

Education Sector Finance chris.dun@mms.co.uk

Employee Incentive Plans lorna.mccaa@mms.co.uk

Employment amanda.jones@mms.co.uk

Energy Regulation michael.dean@mms.co.uk

Engineering mark.macaulay@mms.co.uk

Environment pamela.coulthard@mms.co.uk

Estate Planning eleanor.kerr@mms.co.uk

EU Law michael.dean@mms.co.uk

Export Controls michael.dean@mms.co.uk

F

Financial Services (Corporate) guy.norfolk@mms.co.uk

Financial Services (Regulation) michael.livingston@mms.co.uk

Food & Drink alison.bryce@mms.co.uk

Franchising Contracts alison.bryce@mms.co.uk

Franchising Disputes malcolm.gunnyeon@mms.co.uk

Fraud douglas.blyth@mms.co.uk

Funds david.young@mms.co.uk

G

Growth Finance & Technology david.mcgrory@mms.co.uk

Directoryof ServicesSwitchboard+44(0)330 222 0050

47

H

Health & Safety malcolm.gunnyeon@mms.co.uk

Health Sector Finance chris.dun@mms.co.uk

House Building john.sinclair@mms.co.uk

Housing Property Security wendy.wilks@mms.co.uk

Human Rights douglas.blyth@mms.co.uk

I

Immigration alison.weatherhead@mms.co.uk

Industrial Relations amanda.jones@mms.co.uk

Information Technology alison.bryce@mms.co.uk

Infrastructure euan.wilson@mms.co.uk

Insolvency (England) jonathan.ingram@mms.co.uk

Insolvency (Scotland) michael.hughes@mms.co.uk

Insurance Litigation tim.edward@mms.co.uk

Insurance (Non-Contentious) michael.livingston@mms.co.uk

Intellectual Property alison.bryce@mms.co.uk

International wayne.o’neil@mms.co.uk

International Arbitration david.scott@mms.co.uk

International Taxation gwen.souter@mms.co.uk

Investment Trusts guy.norfolk@mms.co.uk

J

Joint Ventures claire.armstrong@mms.co.uk

Judicial Review douglas.blyth@mms.co.uk

L

Life Sciences alison.bryce@mms.co.uk

Liquor Licensing ewan.easton@mms.co.uk

Listed Companies brian.moore@mms.co.uk

M

M&A brian.moore@mms.co.uk

MBO/MBI wayne.o’neil@mms.co.uk

Media & Entertainment alison.bryce@mms.co.uk

Mediation ewan.easton@mms.co.uk

Mining guy.despeville@mms.co.uk

Money Laundering/ Proceeds of Crime tim.edward@mms.co.uk

N

New Media alison.bryce@mms.co.uk

O

Oil & Gas guy.despeville@mms.co.uk

Oil & Gas Construction kirsti.olson@mms.co.uk

Oil & Gas Finance stuart.fitzsimmons@mms.co.uk

Outsourcing iain.sutherland@mms.co.uk

P

Parliament michael.dean@mms.co.uk

Partnerships ewan.easton@mms.co.uk

Pensions david.knox@mms.co.uk

Personal Tax gwen.souter@mms.co.uk

PFI/PPP euan.wilson@mms.co.uk

Planning gillian.simpson@mms.co.uk

Postal Regulation michael.dean@mms.co.uk

Private Anti-Trust Litigation catriona.munro@mms.co.uk

Private Client eleanor.kerr@mms.co.uk

Private Equity david.mcgrory@mms.co.uk

Procurement michael.dean@mms.co.uk

Professional Negligence (England) simon.colledge@mms.co.uk

Professional Negligence (Scotland) tim.edward@mms.co.uk

P

Project Finance euan.wilson@mms.co.uk

Property gordon.aitken@mms.co.uk

Property Finance chris.dun@mms.co.uk

Property Litigation (England) chris.woodruff@mms.co.uk

Property Litigation (Scotland) ewan.easton@mms.co.uk

Public Sector amanda.jones@mms.co.uk

R

Regeneration iain.macniven@mms.co.uk

Registered Providers wendy.wilks@mms.co.uk

Renewable Energy Financing stuart.fitzsimmons@mms.co.uk

Renewables david.cruickshank@mms.co.uk

Restructuring (England) jonathan.ingram@mms.co.uk

Restructuring (Scotland) michael.hughes@mms.co.uk

Rural Property gillian.downie@mms.co.uk

S

Securitisations chris.dun@mms.co.uk stuart.fitzsimmons@mms.co.uk

Share Schemes lorna.mccaa@mms.co.uk

Shipping tim.edward@mms.co.uk

Shipping Finance stuart.fitzsimmons@mms.co.uk

Social Housing Finance chris.dun@mms.co.uk wendy.wilks@mms.co.uk

Sports amanda.jones@mms.co.uk

Stamp Duty & Stamp Duty Land Tax lorna.mccaa@mms.co.uk

State Aid catriona.munro@mms.co.uk

T

Tax Compliance (Business) gwen.souter@mms.co.uk

Tax Compliance (Personal) eleanor.kerr@mms.co.uk

Tax Planning gwen.souter@mms.co.uk

Transport mark.macaulay@mms.co.uk

Trusts eleanor.kerr@mms.co.uk

U

Utilities Regulation michael.dean@mms.co.uk

V

Value Added Tax alastair.macleod@mms.co.uk

Venture Capital david.mcgrory@mms.co.uk

W

Wills & Succession eleanor.kerr@mms.co.uk

Work Permits laura.morrison@mms.co.uk

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