The law does not exist to benefit law firms.At BBM Solicitors, our clients always come first.

At BBM we exist solely for the benefit of our clients. We succeed when we make our clients happy - And we do that by building a close relationship; by managing their legal risks and resolving their legal headaches.

BBM Solicitors News & Updates

The latest insolvency, commercial property, employment law, corporate law and legal news from BBM Solicitors

Lobbying - One Month To Go

One month to go until the Lobbying Register goes live! Make sure you have 12th March in your diaries, as from that date, you must record any ‘regulated lobbying’ activities in the online register within 30 days of such lobbying or you will be deemed to have committed a criminal offence. A fine of up to £1,000 may be issued if you are required to register and record your regulated lobbying activities but fail to do so.

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Gratuitous Alienations: What is Adequate Consideration?

Background

Regular readers may recall the case of the Liquidators of Grampian Maclennan’s Distribution Services Limited v Carnbroe Estates Limited. In summary, at first instance, the insolvency Judge held that the Defenders had demonstrated they had paid “adequate consideration” in terms of section 242 (4)(b) of the Insolvency Act 1986 in respect of their purchase of Grampian’s main trading premises, shortly before liquidation. 

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The Importance of Urgent Legal Action Required Following Liquidation of Carillion

The Liquidation of Carillion is devastating personally for the many employees caught up in the company’s failure.  However, we are aware that smaller subcontracting companies in Scotland have also been devastated by the failure.   The fact the Official Receiver has been appointed Liquidator with PWC as Special Managers, does not suggest there is much in the way of the business that can be saved.  Time will tell.

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Seasons Greetings to our Valued Clients and Festive Opening Hours

Seasons greetings! As the holiday approaches we would like to take this opportunity to inform valued clients and potential new customers of our opening hours and Christmas activities.

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IP Briefing: Reporters and Reporting

Introduction

Regular readers of our insolvency briefings will know that we have a particular interest in remuneration applications! In fact, we have advocated the benefits of the Scottish system of peer review internationally.

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