Elaine Petterson > Brodies LLP > Glasgow, United Kingdom > Lawyer Profile

Brodies LLP
110 QUEEN STREET
GLASGOW
G1 3BX
United Kingdom
Elaine Petterson photo

Work Department

Real Estate

Position

Elaine has over 10 years’ experience in the property industry and acts for investors, private equity firms and developers in relation to the acquisition and disposal of commercial assets and regularly provides Scots real estate support on high value cross-border portfolio acquisitions. She has bought, sold and managed multiple large-scale retail assets, including shopping centres and retail parks, and also acts for landlords in relation to the leasing and asset management of office buildings and industrial estates.

Elaine leads the Brodies’ real estate restructuring team and has extensive experience acting for insolvency practitioners and lenders in relation to distressed asset sales and providing advice on real estate issues arising as a result of insolvency, including the care home, retail and leisure sectors. Elaine has acted on more than 20 portfolio loan acquisitions in the last 10 years and has unrivalled experience in the non-performing loan market.

Career

 

 

Lawyer Rankings

Scotland > Finance > Insolvency and corporate recovery

The ‘multi-faceted team‘ at Brodies LLP  is ‘vastly experienced in larger and more complex restructuring and insolvency assignments, both locally in the Scottish market and cross-border’. The firm is acting on varied restructurings across all levels, and has witnessed an increased stream of complex personal insolvency mandates from a swathe of high-net-worth individuals. Team lead Lucy McCann is lauded as ‘one of the best insolvency lawyers in Scotland’ and is well equipped to act on both corporate and personal insolvency matters, as well as contentious proceedings. Fellow team lead Peter Kelly chiefly focuses on restructurings and works with a national portfolio of entities, while Elaine Petterson is recognised for her work in the real estate space, often overseeing the acquisition and disposal of non-performing loan portfolios. Shirley Li-Ting excels at cross-border restructurings, and Louise Laing handles corporate recovery matters, while Jamie Nellany is active in the aviation, insurance, and energy sectors. Jennifer Guy is also recommended, and Nicky-Ray Watson, who joined from Harper Macleod LLP in November 2023, acts for high net-worth clients.