Law firm Harper Macleod has been appointed as principal external legal advisers to the Accountant in Bankruptcy (AiB), Scotland’s insolvency service, for the next four years.
The firm, which has advised AiB since 2004, was successful in a competitive tender under Lot 6 of the new Scottish Central Government Legal Framework.
AiB is responsible for administering the process of personal bankruptcy and recording corporate insolvencies in Scotland. The Harper Macleod team, led by Partner James Lloyd, will provide advice on all legal services required by AiB in relation to its regulatory and trustee functions, which will include general legal advice, court actions and conveyancing.
Harper Macleod, recently named Law Firm of the Year 2016 at the Scottish Legal Awards, is the only Scottish law firm ranked in the area of personal insolvency in Chambers Guide to the Legal Profession, with Lloyd recognised as a ‘Leader in the Field’.
The firm’s personal insolvency team has been involved in all of the leading personal bankruptcy cases in Scotland in recent years, pushing the boundaries of what is competent in sequestration and assisting in the recovery of assets for creditors and the public purse.
Martin Darroch, Chief Executive of Harper Macleod, said: “I am delighted to be able to continue our longstanding relationship with AiB, which speaks highly of the expertise we have built within the firm in dealing with insolvency, both personal and corporate, in Scotland.
“This is a very important appointment for the firm, and to hold this position with AiB for more than a decade shows the importance we place on longstanding relationships and our commitment to delivering both quality and value to our clients. We will continue to deliver the same high levels of service over the next four years to help AiB and its agents deliver an efficient and best value insolvency regime in Scotland.”
AiB’s stated mission is to ensure access to fair and just processes of debt relief and debt management for the people of Scotland, which takes account of the rights and interests of those involved
A spokesperson for AiB said: “Following a procurement exercise, AiB appointed Harper Macleod LLP as their sole supplier for Legal services for a period of four years from 1 April 2016. AiB will manage the contract through their new Central Contract Management team and are keen to build on the good working relationship established throughout the tenure of the previous contract.”