“I enjoy building meaningful connections, learning about clients’ businesses, understanding their goals and obstacles, and using my problem-solving skills to guide them towards the best possible outcomes.”


Fiona leads our Restructuring and Business Advisory team. Known for building strong relationships, and for finding innovative solutions and approaches, she advises businesses of all sizes on the full range of restructuring, turnaround and insolvency matters.

She is often asked to provide strategic advice to directors of distressed corporate entities and groups; to act for stakeholders in relation to distressed counterparties; and to advise insolvency practitioners. She has worked in many sectors, including energy, retail, hospitality, healthcare, manufacturing, logistics, education and charities.

 

  • 2002: Scotland

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  • Advising a Scottish manufacturing group on restructuring and insolvency options, resulting in the solvent sale of certain group companies.
  • Providing Scots law advice to a group operating in the energy sector on contingency planning options, including a restructuring plan.
  • Advising a lender in relation to strategy for maximising its recover in relation to a distressed lend in the retail sector.
  • Acting for trustees of a number of different charities that were facing financial challenges, guiding them through their statutory duties and working with them to define options and implement the optimal solution.
  • Acting for His Majesty’s Treasury in drafting a set of Scottish special administration regime rules.
  • Acting for the administrators of a company which owned and operated a shopping centre in respect of a sale of that asset.
  • Providing advice to a variety of institutional landlords of high street retailers and restaurant chains and regularly advising on the implications of tenant insolvency, particularly in relation to company voluntary arrangements, restructuring plans and administration.
  • Providing Scots law advice to a group of companies on complex multijurisdictional restructuring strategy and contingency planning.
  • Providing advice to numerous companies in relation to directors’ duties and options available.
  • Fiona also regularly delivers bespoke training to clients on a range of topics including issues to consider in a restructuring, insolvency processes, counterparty risk, issues in insolvency, directors' duties and the Moveable Transactions (Scotland) Act 2023.

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  • 2006: Licenced Insolvency Practitioner 2006 – 2017

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“Fiona McKerrell is rare in giving both great commercial and technical advice. She is direct and gets things done.”

Legal 500 (2024)

“Fiona McKerrell has for a decade now been one of Scotland’s stand out corporate restructuring solicitors.”

Legal 500 (2022)

“Very experienced. Technically very strong but takes a commercial approach. A go-to partner for challenging assignments.”

Legal 500 (2022)

“Fiona demonstrates excellent awareness of the issue at hand and is able to quickly assess and provide appropriate advice.”

Chambers (2024)

 “Fiona does not only have a depth of experience, but her practicality aligned with expertise is second to none.”

Chambers (2024)

“Fiona is approachable and explains matters in an understandable manner.”

Chambers (2023)

“She provides great client care.”

Chambers (2022)

“An exceptional solicitor with significant experience, allowing quick and practical advice to be delivered whatever the circumstances.”

Chambers (2022)

“Approachable and explains matters in an understandable manner.”

Chambers (2022)

“She is excellent and stands out in terms of her knowledge.”

Chambers (2021)

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Further information:

  • Leading Individual, Legal 500 (2024)
  • Member, Editorial Board, ICAS Insolvency and Restructuring Update (2015)

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