What is Scots Law?

What is Scots Law?

Scottish law is best defined as a mixed legal system because it incorporates both civil law, influenced by Roman law, and common law. Scotland has a separate legal system from the union, providing the legislature, courts, and administration authority over law and policy decisions. Here, we explain how the various components of the Scottish system…

All the information you need to know about surrogacy arrangements in Scotland

All the information you need to know about surrogacy arrangements in Scotland

Using medical intervention to conceive is not always a bad idea for some parents, and alternative reproductive technologies are becoming more and more popular worldwide. In Scotland, surrogacy is legal and can be a good way for people to become parents. This blog explains Scotland’s current legal position on surrogacy agreements and highlights important issues…

A child’s right to contact and residence is accompanied by a set of duties

A child’s right to contact and residence is accompanied by a set of duties

As family lawyers, we help clients with some of the most delicate and emotional matters, such as child custody, living arrangements, and navigating court orders. We are here to assist you reach a happy, healthy, and reasonable agreement because we understand that the welfare and best interests of the children should always come first when…

What You Should Anticipate During the Initial Phase of the Divorce Process

What You Should Anticipate During the Initial Phase of the Divorce Process

Making the choice to file a divorce application can be a rollercoaster of emotions, filled with doubt, bewilderment, and often a sense of loss. You’re probably wondering what to anticipate and how you and your family can get through this difficult time if you’ve found yourself at the start of something like this. Like every…

The five reasons why you ought to create a power of attorney

The five reasons why you ought to create a power of attorney

Many of us recognise the importance of having a will, but fewer recognise the same significance of having a Power of Attorney to manage your finances.  A common misconception is that Powers of Attorney are meant for the elderly, but they are essential for anyone wanting to secure their health and welfare. However, as life…

When a limited liability business (LTD) goes into liquidation, who is the first to receive payment?

When a limited liability business (LTD) goes into liquidation, who is the first to receive payment?

Following the liquidation of a corporation, what is the order in which creditors get paid? The Insolvency Act of 1986 defines a preferred creditor as a creditor who receives preferential treatment during an insolvent liquidation by obtaining first payment. This is done in accordance with the provisions of the Act. During the process of insolvent…

What Are Antecedent Transactions?

What Are Antecedent Transactions?

Imagine this: your company is sailing along smoothly, but then you hit a financial iceberg. Suddenly, you’re facing insolvency, and creditors are circling like sharks. But wait, what’s that about the onset of insolvency? It sounds like a potential transaction at undervalue. There seem to be some questionable transactions defrauding creditors from before the storm….

What Exactly Is Invoice Discounting?

What Exactly Is Invoice Discounting?

Running a business is like sailing a ship – exciting adventures, constant challenges, and the occasional financial squall that may require the use of an invoice discounting facility. One particularly frustrating aspect can be waiting for customers to settle their invoices, which is why many businesses choose to use invoice discounting. This cash flow lag…

It is possible to change the name of a company while it is still under administration

It is possible to change the name of a company while it is still under administration

Facing financial distress is a stressful time for any business owner, particularly when considering a name change with the appointed insolvency practitioner. It can feel like the walls are closing in during insolvency, and the future is uncertain, but a change of name might provide a fresh start, especially with the guidance of a licensed…