News

MBM Commercial is delighted to be sponsoring the 2018 company creation programme, Converge Challenge, now in its eighth year. MBM Commercial, along with other key sponsors, attended the successful launch event this week. Converge Challenge is aimed at staff, students and recent graduates from all Scottish universities, inspiring them to develop their ideas into viable and successful ventures. The competition attracted over 200 entries in 2017. Between 2011 and 2016, the programme provided training to 180 Converge businesses that have an overall survival rate of 78% post three years with an opportunity for applicants in Converge Challenge to go from...

We are please to announce that MBM has been selected as a finalist for the Scottish Legal Awards ‘Law Firm of the Year’ Award. We are very much looking forward to the awards ceremony which takes place March 15 th 2018, at the Doubletree Hilton, Glasgow. The Scottish Legal Awards are an annual event sponsored by Scott + Co, which recognises excellence in the Scottish legal sector with a variety awards for law firms, individuals and support businesses contributing to the legal sector across Scotland. We would like to extend congratulations and best of luck to all of the other...

MBM’s corporate team have been exceptionally busy throughout 2017.  The number and size of transactions we have been advising on are running at record levels with a circa 25% increase in activity from 2016.  MBM is the tech deal law firm of choice in Scotland for high growth companies and the team is being engaged to advise on a growing number of internationally focussed transactions and many of them with a M&A focus.  The corporate team has been growing to meet client demand and we will welcome the 15th member of the team in the New Year.    If you...

The dust has now begun to settle following the Autumn Budget and the impact it has on SEIS and EIS reliefs. The budget coincided with the 21 st birthday for EIS relief, which has become an essential component of the UK investment eco-system. There had been concerns in some quarters that there could be a dramatic curtailment on some of the benefits of the reliefs but on an initial view, nothing too disruptive has been introduced. Indeed the Government might be seen to have given a vote of confidence in SEIS/EIS by increasing the annual investment limit from £1 Million...

Tribunal Fees The big news in employment law in 2017 is that the Supreme Court (on the application of Unison the trade union) has declared that fees in the Employment Tribunal and Employment Appeals tribunal are unlawful.  The story goes something like this: prior to July 2013 employees and former employees could make claims to an Employment Tribunal without charge. In July 2013 the Government introduced a fee system whereby claimants had to pay a fee to submit a claim and another to go ahead with a full hearing, the laudable rationale being that the introduction of fees would significantly...