ScottishNews.com

Law

Scottish company found liable for income tax related to transfer of securities option after HMRC appeal to Supreme Court

Published 1 year ago

The UK Supreme Court has ruled that a Scottish company director had acquired a securities option from his company as part of measures to financially rescue it and became subject to income tax after an appeal against an Inner House decision to the opposite effect was made by HM Revenue and Customs.

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Wright, Johnston & Mackenzie acquires Inverness firm

Published 1 year ago

Wright, Johnston & Mackenzie LLP has acquired Inverness law firm Macandrew & Jenkins WS Ltd.

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Burges Salmon revenue up 8% to £128.2m

Published 1 year ago

Independent UK law firm Burges Salmon, which has a major office in Edinburgh, has reported an eight per cent increase in turnover to £128.2 million in the latest financial year.

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New firm DHM Law opens in Glasgow

Published 1 year ago

Lawyers Gail Docherty, Michael Hankinson and Callum McInnes have combined to form start-up firm DHM Law in Glasgow.

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Morton Fraser reappointed to SIPP and SSAS posts

Published 1 year ago

Morton Fraser has been reappointed by two key players in the SIPP and SSAS market, XPS Self Invested Pensions and Barnett Waddingham.

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Former Livingston FC director has claim against him for misappropriation of club money dismissed

Published 1 year ago

A commercial judge has dismissed an action against a former director of a Scottish football club suffering from financial difficulties after it raised an action seeking £148,000 from him on the ground of breach of fiduciary duty.

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Lindsays: Scots firms must brace for tighter ID verification law

Published 1 year ago

Companies must prepare for a new law that will impose greater demands on verifying the identity of their directors and connected businesses, lawyers at Lindsays have warned.

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Morton Fraser reappointed to Edinburgh Council legal framework

Published 1 year ago

Morton Fraser has been successfully reappointed by the City of Edinburgh Council to provide legal services to lot 1 (commercial), lot 2 (property and planning) and lot 3 (litigation), with an estimated framework-wide legal spend of around £16.7m.

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Brodies wins Edinburgh Council legal appointment

Published 1 year ago

Brodies LLP has been reappointed to the City of Edinburgh Council’s new Legal Services Framework where it will provide support in four out of the six available lots.

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Harper Macleod appointed to Edinburgh Council’s legal services framework

Published 1 year ago

Harper Macleod has been appointed to all six available lots on Edinburgh Council’s new legal services framework.

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Thompsons Solicitors Scotland named Firm of the Year

Published 1 year ago

Thompsons Solicitors Scotland, a leading personal injury law firm, has been crowned ‘Firm of the Year’ at the Scottish Legal Awards 2023.

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Woman who embezzled £1.5m from family business in Aberdeen jailed

Published 1 year ago

A grandmother who embezzled £1.5 million from a family scrap metal business in Aberdeen has been jailed for three years and four months.

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Addleshaw Goddard appointed to Scottish Government’s legal panel

Published 1 year ago

Addleshaw Goddard has been appointed to two key lots on the Scottish government’s legal panel.

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US: Judge finds Trump liable for ‘false valuation’ of Menie estate

Published 1 year ago

A judge has found that Donald Trump and his company are liable for the “false valuation” of the former president’s Aberdeenshire golf course.

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Burges Salmon acts for abrdn on funding round to Clearbell Capital LLP

Published 1 year ago

Burges Salmon has advised abrdn on a funding package arranged by Brotherton Real Estate to Clearbell Property Partners IV LP, a fund managed by Clearbell Capital LLP, to support a £34 million acquisition of industrial assets from UK property investment firm Palace Capital plc.

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