The funding was used to complete the acquisition of a Scottish microchip manufacturing business.

Brodies led on all Scots law aspects of the transaction, including providing advice on the impact of the National Security and Investment Act 2021 on share security in Scotland. This new legislation was drastically altering the landscape of securing shares in Scotland and the Brodies team was at the forefront of creating and developing what is becoming new market practice on transactions where the legislation applies.

Highlighting the team's reputation as a thought leader in the Scottish legal market, we were able to provide creative solutions in a rapidly developing area of the law that resulted in practical and commercially viable resolutions for all parties.

Outcome

We provided creative solutions in a rapidly developing area of the law that resulted in practical and commercially viable resolutions for all parties.

Contributors

Jack Moir

Partner

Euan Wallace

Senior Associate