HM Insights

Legal Insights & Industry Updates

Life, business and the law

The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.

Latest Banking & finance articles

  • Could 'light touch' administration mean a light at the end of the tunnel for struggling businesses

    Could 'light touch' administration mean a light at the end of the tunnel for struggling businesses

    The Covid-19 crisis and the severe economic disruption caused by it has left many companies dealing with the prospect of an insolvency situation entirely outwith their control and through no fault of their own. The insolvency profession is adapting to this imminent threat and the existing (albeit relatively untapped) tool of "light touch" administration has been identified as a possible means of enabling certain companies to get through the crisis. 'Light touch' administration gives a company the benefit of a statutory moratorium from creditor action while the directors continue to exercise powers to manage the business specifically granted by the administrators.

  • Reform of Secured Transactions in Scotland: Implications for Renewable Energy Projects

    Reform of Secured Transactions in Scotland: Implications for Renewable Energy Projects

    In March 2020, the UK government signalled a shift in energy policy by announcing its intention to bring onshore wind and solar development back into the Contracts for Difference (CfD) subsidy regime. It is no surprise then that investors are attracted by the bondlike nature of these subsidised projects. The 2020s will likely see increased confidence among funders, with a resulting boost to renewable energy projects in Scotland. However, funders should be aware that there is a discrete property and security law regime in Scotland that affects what security can be obtained by Lenders. It is important that developers and funders seek expert legal advice on the quirks of the Scottish system.