Knowledge Article

  • 21st July 2017 Legislate in haste, repent at leisure: Drafting errors identified in the PSC Rules for Scottish Limited Partnerships

    The speed at which the The Scottish Partnerships (Register of People with Significant Control) Regulations 2017 have been brought into force has come in for significant criticism from The House of Lords’ Secondary Legislation Scrutiny Committee.

  • 20th July 2017 Holiday letting: A cautionary tale

    In Scotland, the owners of homes that are let out for holidays are protected against holiday tenants obtaining security of tenure. However, owners should ensure that the complete terms and conditions of the letting are consistent with occupation as a holiday home to ensure they are protected.

  • 19th July 2017 The Crown Estate: Major changes underway in Scotland

    The Crown Estate in Scotland has undergone major changes recently, however, the transfer of the Scottish assets to a Scottish body is only the beginning. Some of the most significant changes are still to come into effect and could have implications for landowners, individuals, and community groups when they do.

  • 18th July 2017 You ain’t nothing but a BrewDog: Elvis Presley’s estate wins trade mark dispute with a brewery

    Scottish craft brewery BrewDog has lost a trade mark dispute concerning their grapefruit infused IPA named ‘Elvis Juice’. UK IPO held that the registered trade mark rights of the Elvis Presley estate have been infringed by drawing a link between the star and the alcoholic beverage. As a result, the registration of the ‘Brewdog Elvis Juice’ and ‘Elvis Juice’ marks has been refused and the company may be forced to find a new name for their product.

  • 17th July 2017 Ofcom announces mechanisms to ensure BT and Openreach comply with the enhanced independence they have committed to

    In this article, we discuss Ofcom’s latest announcement in the BT and Openreach story. 

  • 17th July 2017 The Taylor Review – looking beyond ‘dependent contractors’

    Amidst ongoing concerns around employment practices and employee status, the Taylor Review of Modern Working Practices has been released to great press interest. We take a closer look at the Review’s recommendations and consider the implications these would have if implemented. 

  • 14th July 2017 Violation of EU sanctions by Russia: Siemens sues over unauthorised shipment of power turbines to Crimea

    German conglomerate Siemens has started legal proceedings against Russian state-owned engineering company Technopromexport, over unauthorised moving of two of their gas turbines to the Crimean territory. The turbines were supplied for use in a project in Taman, South Russia. Instead, the equipment in question ended up in Russian-governed Crimea, which is currently subject to EU sanctions prohibiting export of equipment used in the energy sector.

  • 13th July 2017 Dressed for the weather

    The UK has experienced record breaking temperatures in a recent heatwave. As a result, men across the country have found that uniform policies imposed on them are (whether in school or at work) have left them a bit hot under the collar. When temperatures in Britain soar past 30 degrees, how do boys and men respond when uniform policies ban them from wearing shorts? According to recent news reports – they wear dresses. 

  • 13th July 2017 Same sex couples granted equal pension rights

    The Supreme Court’s recent judgement in the case of Walker v Innospec changes the law on the payment of death benefits from pension schemes.  Heterosexual and same-sex spouses (including civil partners) must now be treated equally in relation to pension death benefits.  While many schemes will already be paying benefits in this way, others will need to review their rules and practices immediately in order to ensure compliance.

  • 13th July 2017 New requirements under the PSC regime – what you need to know

    The persons with significant control (PSC) regime has changed to meet the requirements of the Fourth Money Laundering Directive (2015/849/EU) (Directive).  The UK, like all member states, had until 26 June 2017 to make the necessary changes to its domestic legislation to comply with the requirements of the Directive. Whilst the changes are largely as anticipated, the regulations and associated guidance were only published shortly before the implementation date, and so entities will now need to quickly get up to speed to ensure that they are in a position to meet the new requirements.

Client testimonials

  • They are responsive, have good working knowledge of the law and a particularly strong understanding of the personalities of judges, so their advice is strategic.

    Gordon Downie is praised by clients as "very able, practical and good at picking the right battles" and Natasha Durkin is known in the market for giving advice of "a high quality” and being “very insightful on issues.

    Chambers, Administrative and Public Law

  • The communication is so good that I tend to think of the lawyers as internal legal counsel rather than an external resource

    Chambers 2016, EU and Competition

  • Stephen Trombala is exceptional - he understands the business mindset.

    His international client base includes prominent names in the technology and oil and gas sectors.

    Chambers 2016, Private Equity

  • Expertise and professionalism are a given, of course. What sets this team apart, however, is the utterly pragmatic, highly responsive and entirely commercial way in which they supported a deal not short of its own peculiar challenges.

    Greg Bargeton, Global Head of Legal, William Grant and Sons Limited

  • Their specific project documentation related experience is very strong and we consistently get a good level of service from them in a timely fashion. They are exceptional.

    Chambers 2016, Infrastructure

  • They have very good response times. They understand our business and are good at tailoring their advice to what the business needs.

    Chambers 2016, Property and Infrastructure Disputes

  • They were very clear and commercial, but also practical in terms of the range of solutions they offered to us.

    Chambers 2016, Property

  • The firm have got strength and depth in their team. There is a large team to draw on with plenty of experienced people.

    Chambers 2016, Planning

  • Highly competent, timely advice delivered in a user-friendly way.

    Chambers 2016, Pensions

  • I find the work of Shepherd and Wedderburn to be first rate.

    Chambers 2016, Media and Technology

  • The service has always been very personal and businesslike, and they offer well-balanced advice.

    Chambers 2016, Media and Technology

  • They have the ability to give concise advice and possible consequences of action.

    Chambers 2016, Property

  • Their fees are competitive, response times are good and their advice is balanced and reliable.

    Chamber 2016, Corporate Tax

  • The firm is outstanding, easy to deal with and houses a lot of knowledge. The team delivers great outcomes. I highly recommend the firm – I wouldn’t go anywhere else.

    Chambers, Private Client

  • They were very responsive and helpful. They gave us sensible advice and the transaction was concluded very smoothly.

    Chambers 2016, Partnerships

  • They were responsive in terms of timescale and processes. They have a good working knowledge of the law.

    Chambers 2016, Litigation

  • They are excellent value for money, flexible to meet our needs, and experts in share plans and executive remuneration.

    Chambers 2016, Share Schemes

  • They are excellent value for money, flexible to meet our needs, and experts in share plans and executive remuneration.

    Chambers 2016, Employee Share Incentives

  • They excel at providing advice that is commercially astute whilst also being reflective of risk.

    Chambers 2016, CF Scotland

  • They can handle complex transactions. 

    Chambers 2016, Infrastructure

  • Throughout the transaction they were very much in the trenches alongside the deal team.

    Chambers 2016, Finance and Restructuring

  • The team is thorough and attentive. The lawyers do a good job – they understand the nuances of Scottish law, particularly in the rural sector.

    Chambers 2016, Rural Business and Renewables

  • They are responsive, have good working knowledge of the law and a particularly strong understanding of the personalities of judges, so their advice is strategic.

    Chambers 2016, Regulations and Markets

  • What I like about them is their very strong commercial focus.

    Chambers 2016, Property

  • The communication is so good that I tend to think of the lawyers as internal legal counsel rather than an external resource.

    Chambers 2016, Regulations and Markets

  • Through their experience they bring a level of commerciality - very good at cutting through to the real issues.

    Chambers 2016, Regulations and Markets

  • They have an excellent understanding of the public sector. 

    Chambers 2016, Infrastructure

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    Chambers and Partners, Infrastructure

  • Shepherd and Wedderburn is 'responsible' and ‘always delivers'. The firm is noted for its 'top-quality regulatory advice'.

    Legal 500 2014, Energy and Natural Resources

  • Shepherd and Wedderburn is known for being 'fast, responsive and proactive, with no waffle', and for possessing 'great business acumen as well as empathy with people'.

    Legal 500 2014, Pensions

  • The 'commercial' team at Shepherd and Wedderburn is noted for its 'strong technical ability' and ‘strength in depth'.

    Legal 500 2014, Insolvency and corporate recovery

  • Shepherd and Wedderburn provides 'fantastic support and input' and 'exceptional advice on regulatory matters'.

    Legal 500 2014, EU and Competition

  • They're excellent – they were very responsive, with a very timely turnaround.

    Chambers and Partners, Corporate

  • Shepherd and Wedderburn is praised for its 'in-depth industry knowledge' and 'excellent service'.

    Legal 500 2014, Corporate & Commercial

  • I'd unhesitatingly recommend the team.

    Chambers, Corporate Tax

  • There's a team approach; they understand what needs to be done to suit the client's situation.

    Chambers, Restructuring and Insolvency

  • I don't think I've ever met a team with such a combination of dynamism, intellect and helpfulness.

    Chambers, Real Estate

  • They're absolutely excellent. They're approachable, good at translating legal requirements into everyday language, clear on what the implications might be operationally and good at suggesting potential actions.

    Chambers, PPP

  • They distinguish themselves with their attention to you as an individual with individual needs. They go over and above.

    Chambers, Private Client

  • They are very good at explaining things to lay trustees and they turn things around very quickly.

    Chambers, Pensions

  • They provide great quality of service because they concentrate on doing a good job.

    Chambers, Local Government

  • The team was excellent. The lawyers picked up an esoteric subject very, very quickly.

    Chambers, Litigation

  • Shepherd and Wedderburn were first class. They are very responsive and focused, and I found them to be very satisfactory indeed.

    Chambers, Information Technology

  • Excellent knowledge of the UK energy industry and good at bringing relevant issues to our attention.

    Chambers, Renewables

  • They were very familiar with the key issues for us and they were very quick to respond, very proactive; it is easy to get them on the phone or on e-mail and they were also good at offering solutions to problems.

    Chambers, Energy & Natural Resources

  • Very responsive and quick, providing high quality documents.

    Chambers, Employment

  • They have been our number-one choice for the past eight years. They have good resources in terms of strength and depth; and we've never felt that they have other clients that come before us – they are always available when we need it.

    Chambers, Employee Share Incentives

  • They're great. They're one of the few firms that knows the capital markets very well.

    Chambers, Capital Markets

  • We take their technical expertise at Shepherd and Wedderburn for granted. They all have very good knowledge of their own markets.

    Chambers, Construction

  • There is always a way to get things done with these guys. The quality of our relationship allows for no taboo areas of discussion. We also appreciate the fact that they go above and beyond to look after their clients by offering training to our younger members of staff.

    Chambers, Banking

  • The team displays professionalism at all times when dealing with its clients and always provides them with the necessary reassurance.

    Chambers, Charities

  • Our longstanding legal advisers Shepherd and Wedderburn offered invaluable assistance and reassurance to the family shareholders in our sale and partial reinvestment when we made the transition to being an employe-owned company.

    Richard Tough, Director
    Scott & Fyfe Limited

  • The kind of support they provide is absolutely fantastic. They’re so proactive and the firm’s responsiveness is second to none.

    Chambers 2014, Employee Share Incentives

  • Shepherd and Wedderburn is a 'good option for big-ticket cases'.

    Legal 500 2013, Commercial Litigation

  • They're excellent – without fault.

    Chambers, Planning

  • Shepherd and Wedderburn's lawyers are 'on a par with any Magic Circle firm'.

    Legal 500 2013, Oil and Gas

  • The team is responsive and provide reliable advice whilst remaining alive to the commercial realities of the transaction in question.

    Chambers 2014, Construction

  • We like to act fast and it can keep up with us.

    Chambers 2014, M&A

  • I've been really impressed with them ever since I first met them. They are very clear, thorough and concise, and set out clear responses. I've got nothing but praise.

    Chambers, Corporate/M&A

  • We have been immensely impressed with Shepherd and Wedderburn's strict legal advice, blended with a strong understanding of commercial issues. The 'entrepreneurial spirit' is similar to the Petmin culture.

    Jan du Preez, Chief Executive
    Petmin Limited

  • The lawyers we instruct at Shepherd and Wedderburn provide an exemplary service and are quick to offer practical solutions when problems arise. They are a pleasure to work with.

    Gordon Brough, Global Head of Legal
    Aberdeen Asset Management PLC

  • In working with Shepherd and Wedderburn, I have been impressed by their ability to support the business – a strong focus on delivery: you get what you need, when you need it.

    James MacKenzie, General Counsel
    AEGON UK

  • Shepherd and Wedderburn has a strong brand and quality people who help me to get to the right answer in a straightforward and commercial way. The advice they provide at all levels of the firm and across a wide range of subject areas is pragmatic and directed towards finding the best solution for us as a Company.

    Donald McPherson, Company Secretary
    Alliance Trust plc

  • For the past five years Shepherd and Wedderburn have been our first port of call for all our legal services. We have found the quality of advice and the level of service across the firm to be outstanding. We especially value and derive a real benefit from their understanding and interest in the oil and gas sector and I genuinely believe their proactive approach really makes a difference to our business.

    Peter Wilson, Director and General Counsel
    Bowleven plc

  • The property lawyers I use at Shepherd and Wedderburn inspire real confidence. I know they are protecting my interests and I can rely on them to reach a commercial conclusion.

    Ben Grose, Retail Asset Manager
    British Land plc

  • They are not just corporate legal advisers: they have a deep understanding of the oil and gas industry and what we in Cairn are looking to achieve strategically. They put forward achievable, common sense solutions which always meet our aims.

    Jann Brown, Managing Director and CFO
    Cairn Energy plc

  • Shepherd and Wedderburn are a joy to work with, the advice is always clear and concise and the team are accessible and responsive to enquiries.

    Marrack Tonkin, Company Secretary
    F&C Asset Management plc

  • There are some brilliant, quality people at Shepherd and Wedderburn. The firm is our first port of call for corporate transactions in the UK and we have an excellent relationship.

    Graeme Colquhoun, Head of UK Legal
    Heineken UK

  • As our sole legal advisers, we see the Shepherd and Wedderburn lawyers very much as part of our own team. They understand what we do and that is invaluable in enabling us to move quickly in developing and growing our business.

    Marcus Kneen, Chief Financial Officer
    IndigoVision Group plc

  • The lawyers are indefatigable, intuitive and invaluable.

    Matthew Oakeshott
    OLIM

  • In a tough business environment they have proved that they have the skills and the people to get things done in a pragmatic and commercial manner to suit the needs of their client, always with a smile on their faces they are a pleasure to deal with and I would not hesitate to recommend them.

    Andrew McLean
    ProStrakan Group plc

  • As a GC I want external counsel with deep industry knowledge, who grasp the commercial imperative and who provide excellent service delivery – that’s what I get from Shepherd and Wedderburn.

    Seven Energy

  • We have used Shepherd and Wedderburn for a number of years for large projects, corporate and property work. They provide focused and commercially oriented advice on a par with the best City of London firms. Value for money is exceptional and client care paramount. I would not hesitate in recommending them.

    Simon Pugsley, Head of Legal
    Viridor

  • The Commission has used Shepherd and Wedderburn for some ten years and holds the firm in the highest regard. We have had - and continue to have - fantastic support and input on the regulatory side in particular. The firm's regulatory advice is top quality and exceptional and would not likely be bettered by any other firm in the UK.

    Alan Sutherland, Chief Executive
    Water Industry Commission for Scotland

  • Shepherd and Wedderburn is our "go-to" law firm. The firm has an excellent reputation and the lawyers I deal with are both high quality and easy to get on with. Connectivity with people is a vital ingredient for us in choosing lawyers to work with and the firm very much delivers on that.

    Mark Cubitt, Finance Director
    Wolfson Microelectronics plc

Latest News

  • 17th July 2017 Shepherd and Wedderburn acts for Chivas Brothers

    Shepherd and Wedderburn has represented long standing client Chivas Brothers, part of the Pernod Ricard Group, in agreeing the sale of the Glenallachie Distillery in Speyside for an undisclosed price to a consortium headed by former Benriach MD Billy Walker.

  • 14th July 2017 Shepherd and Wedderburn banking team enjoys strong year with £93.4bn worth of deals

    In its recently published Banking Deals Review 2016/17, Shepherd and Wedderburn’s banking and finance practice – the largest in Scotland – has reported a strong twelve months of business.

    The past year has seen the firm’s specialist team of finance lawyers' work on 144 deals worth £93.4bn. Among the team’s clients in this area are banks, funds and financial institutions, corporate borrowers and sponsors from across the globe.

  • 11th July 2017 LGBTIA Group Update – July 2017

    As we enter the summer months the Shepherd and Wedderburn LGBTIA Group continue to be busy, with members attending external events, receiving training and planning upcoming activity.