Law firm Harper Macleod has advised leading trade body Scottish Engineering in its reorganisation from an unincorporated association to a company limited by guarantee.
The reorganisation of one of Scotland’s longest standing trade bodies means it has adopted a more modern corporate structure, allowing it to best serve its members and the engineering sector in Scotland.
The reorganisation involved various steps including the transfer of the business and assets of the unincorporated association to the new company limited by guarantee, obtaining the requisite approvals, amending the unincorporated association’s rules to allow for this and an application for the new entity to be registered with the Employers’ Association.
Paul Sheerin, Chief Executive, Scottish Engineering, said: “Scottish Engineering is extremely grateful to Craig, Stephen and their team at Harper Macleod for their support in our change of legal entity from unincorporated association to a company limited by guarantee. Our longevity brought complexity in areas such as property and pensions, and they took everything in their stride, delivering exactly the outcome we aimed for within an extremely tight timeline, and at excellent value for money. Our sincere thanks for this support.”
Stephen Chan, corporate partner at Harper Macleod, said: “Scottish Engineering is one of Scotland’s most highly respected trade bodies and has represented the country’s leading engineering firms in a wide variety of sectors, for more than 150 years. Its modernisation means it is perfectly equipped to continue to best serve its members as the economy grows stronger following the pandemic.”