‘An experienced team with great technical knowledge’, TLT has further strengthened its insolvency and corporate recovery offering through the acquisition of Keith Anderson from Gilson Gray in September 2023, who complements the team's contentious work. The firm has an active lender advisory practice, advising across the whole range of issues, from pre-insolvency proceedings to distress work, as well as extensive experience overseeing the transactional and contentious aspects of insolvencies and restructurings. Team lead Ainslie Benzie, who was promoted to partner in April 2024, is hailed by clients as ’one of the very best specialist corporate restructuring and insolvency solicitors in Scotland’ and is a foremost point of contact for lenders, corporates, and insolvency practitioners, as well as being the key contact for transactional restructuring matters. Peter McGladrigan handles contentious insolvency work, and Emma Gascoyne-Day supports across the whole gamut of matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Most importantly for me is the great communication and regular updates received as the team delivers work for me.'

  • ‘Ainslie Benzie is always available and gives great advice, and gets the work started quickly and with minimum fuss.’

  • ‘Ainslie Benzie has strong advisory and insolvency experience which is applied well in every scenario.’

  • 'An experienced team with great technical knowledge who always display a willingness to work with insolvency practitioners to deliver results.'

  • ‘Ainslie Benzie really invests in relationships over an extended period. She understands the importance of both first class client service and working together for mutual benefit.'

  • ‘A very capable and responsive team with a huge amount of experience and ability. Excellent partner and director availability and a pragmatic and commercial approach which cuts through difficult issues.’

  • ‘Ainslie Benzie stands out for her level of experience in the restructuring and insolvency sector. She is a pleasure to deal with and brings a lot to the table commercially and from a strategy perspective.’

  • ‘Ainslie Benzie is one of the very best specialist corporate restructuring and insolvency solicitors in Scotland.'

Key clients

  • FRP Advisory Trading Limited
  • Leonard Curtis Recovery Limited
  • Interpath Ltd
  • Johnston Carmichael LLP
  • CBW Recovery LLP

Work highlights

  • Acting for the joint administrators and liquidators in respect to the insolvency of two group companies which own and operate hotels in Callander, Scotland.
  • Instructed by Interpath Ltd to prepare and file papers to appoint joint administrators to Le Chardon D’or Limited.
  • Instructed by Johnston Carmichael LLP, to appoint it as administrator of an English incorporated but Edinburgh based developer of tidal energy system called Sustainable Marine Energy Limited.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Ainslie Benzie

Other key lawyers

Keith Anderson, Peter McGladrigan, Emma Gascoyne-Day