Leads the restructuring and insolvency team
PartnerPeter Kelly
Identified as an up and coming lawyer in Chambers UK
PartnerLucy McCann
Legal 500 UK 2020 recommends Elaine for Commercial Property (Edinburgh & Glasgow)
PartnerElaine Petterson
Organisations impacted by, or contingency planning for, financial distress or insolvency need legal advice that is clear, concise and informed.
Our dedicated Restructuring and Insolvency team is one of the biggest and most experienced in Scotland, providing legal support that is grounded in technical precision and commercial insight.
With expertise spanning multiple sectors, our specialist team provides focused advice in relation to all corporate and personal insolvency regimes. We work with parties who are impacted directly or indirectly by financial distress and/or insolvency, including: lenders/funders, borrowers; insolvency practitioners; corporates; their directors, unincorporated organisations; public bodies; individuals; and other stakeholders.
Our restructuring and insolvency solicitors experience includes; equity and financial restructurings, enforcement and formal insolvency appointments, contingency planning, business loan and asset sales/acquisitions arising from insolvency or non-performance, asset recovery and challengeable transactions. We also advise directors on their duties, disputes, personal liability and disqualification. Our advice ranges from transactional, advisory to litigation support.
They are a multi-faceted team with all the skills and knowledge required to deal with any problem you may have. They provide efficient, timely advice and have the resources and capabilities to deal with any issue - from debt recovery to complex cross border matters.
Legal 500 UK 2025
Restructuring & Insolvency key highlights
- Advised on the airline insolvencies of Thomas Cook, Flybe and Flybmi.
- Acted as lead Scottish Counsel in the administration of the Johnston Publishing Group.
- Advised on major UK retail CVAs and insolvencies, including Arcadia, Debenhams, Homebase, House of Frasers, Jack Wills and Monsoon.
- Advised international clients on their restructuring options for UK based subsidiaries.
- Advised various contract counterparties in relation to contracts with WrightBus Limited (in Administration).
The team were great at communicating throughout the litigation process and explaining in a way which made sense during this complex matter. It was obvious they were very knowledgeable in this area and had a good strategy in the best course of action to ensure a great result for us as the client.
Legal 500 UK 2026
The team at Brodies offered straightforward and practical advice. They know the subject very well and are focused on achieving an effective result in the quickest possible timescale.
Chambers UK 2026
Well respected and established team with good representation across Scotland. Good collaboration amongst other service lines i.e. the construction sector team.
Legal 500 UK 2026
Very strong team with excellent technical (and practical) credentials across the board.
Legal 500 UK 2026
