Morton Fraser is delighted with the steady increase in the number of deals over the summer including the £74m takeover of long-standing clients Schuh (the Livingston-based footwear company) by US group Genesco. Partner Adrian Bell – who was voted Corporate Lawyer of the Year at the 2010 Law Awards Scotland – led the team on this cross-border transaction, which involved leading negotiations between top advisors from Edinburgh, London, New York, and Nashville.
Another example of the kind of deals we have been involved in is the sale of The Rotunda leisure scheme in Kingston-upon-Thames, on which Morton Fraser advised at the beginning of the summer. The £50.7m deal saw the property sold to UK Commercial Property Trust, managed by Glasgow-based Ignis Asset Management, in one of the largest deals so far this year. Partners Christian Hook (Corporate) and Hugo Allan (Real Estate) advised Curo Property Fund on the sale of this prime leisure scheme, located in an affluent London suburb, via a complex corporate structure.
Morton Fraser’s Chairman, Linda Urquhart, said: “With the current tough economic climate, this has been a very encouraging start to deals activity for the year. This demonstrates that there are deals being done and having the right experts in place to support them helps get them over the line. We look forward to delivering more great deals on behalf of our clients over the next quarter.”
About Morton Fraser
1. Morton Fraser represents clients in business and the public sector and for individuals and families. Our clients include property funds, major banks, PLCs and SMEs, central and local government and charities as well as a wide range of individuals and families.
2. Morton Fraser is a leading and award winning law firm with offices in Edinburgh, Glasgow and London.
3. The firm has 33 partners and a total of over 200 employees.
For more information on this release, please contact
P: 0131 247 1020 / E: Linda.urquhart[.]morton-fraser.com.