Advising innovative fund on its first deal in Scotland

Business Growth Fund plc (BGF), an initiative backed by five of the UK’s main banking groups, was established in 2011 to help provide investment for Britain’s fast-growing smaller and medium-sized companies.

As well as providing financial backing, BGF seeks a collaborative approach with the management teams of its investee companies, providing access to the expertise and guidance required to take their high potential businesses to the next level.

Brodies LLP acted on behalf of Cromlix House Hotel Limited during the purchase of Cromlix House and policies from the Eden family, the owners of the historic Cromlix Estate.

Cromlix House Hotel Limited is the investment company of Andy Murray who purchased the property, located close to the tennis star's home town of Dunblane, in order to transform the elegant Victorian mansion into a luxury 15 bedroom five star destination.

Successful defence of airport extension construction project

Brodies was instructed to defend Shetland Islands Council in a claim brought by Highlands & Islands Airports Limited relating to the design of an extension to Sumburgh Airport. Highlands claimed that it was experiencing ongoing damage to the runway as a result of defective design. The council denied the existence of design defects.

Brodies has a long-standing relationship with Aberdeen City Council and continues to provide it with a full range of legal advice. Through its innovative and market leading Hydrogen Strategy, Aberdeen City Council is coordinating a project to bring a fleet of hydrogen buses and refuelling infrastructure to the city – the largest fleet of its kind in the EU.

Brodies acted on behalf of Park’s of Hamilton (Holdings) Ltd in its successful action for damages against the managing director of LAGTA Ltd. Park's of Hamilton was the largest shareholder in LAGTA Ltd when the firm was sold to SPX Corporation in 2007 for £5.2m. Colin Campbell, the managing director of LAGTA Ltd and the second largest shareholder in the company, negotiated the deal with SPX Corporation and received £26 for each share, while all the other shareholders, including Park's, received £21.50 per share.

Outsourcing of global multi-asset trading platform and order management system

Newedge, a joint venture between Société Générale and Crédit Agricole CIB, is a major force in the global multi-asset brokerage business and has a world-leading position in the execution and clearing of listed derivative products. Headquartered in Paris, Newedge has a presence in 16 countries across Europe, America, the Middle-East and Asia-Pacific and offers access to more than 85 global exchanges.

With a market capitalisation of some £280 million, Brammer plc is Europe's leading distributor of industrial maintenance, repair and overhaul products and services. Brodies helped to design and implement an innovative tax-effective long-term incentive plan (LTIP) for Brammer's executive directors and over 100 other senior managers.

Largest office acquisition in Glasgow - Pramerica Real Estate Investors Ltd (141 Bothwell Street, Glasgow)

In the highest value investment deal in Glasgow in 2011, Brodies advised Pramerica on the acquisition of 141 Bothwell Street for more than £70 million. Developed by PPG, the building was one of the most recently completed Grade A office buildings in the city centre, occupied by tenants including Shell, HSBC and PricewaterhouseCooper.

National Park secures ‘gold standard’ for Cononish gold mine

Following the grant of planning permission for the Cononish gold mine in February 2012, Stewart Stevenson, the Environment Minister, commended the Loch Lomond & The Trossachs National Park Authority “for working so constructively with the developer through this complex planning process and achieving such a good result”. Brodies was a key advisor to the Park Authority on this project, which will create 52 new jobs and will be worth an estimated £80 million to the Scottish economy.

Financial restructuring provides firm foundation for housebuilder

Tulloch Homes Group, the Inverness based housebuilder, needed to undergo a complex financial restructuring to provide a firm foundation from which to move its business forward against the backdrop of the downturn in the property market. Completing the deal within the required two-month timescale was a key factor for Tulloch Homes Group and it turned to Brodies because it needed a legal adviser that it knew could deliver.