Bev is a partner in the Banking and Finance team.
With 20 years' experience in the asset finance sector, Bev advises clients on a wide range of asset and invoice finance arrangements including equipment leasing, receivables finance, asset based lending, stock finance and vendor finance. Bev and her team provide legal advice to clients funding a variety of assets from plant and machinery, vehicles, HGVs, ships and aircraft to invoices and receivables.
The keenly awaited judgment of the Court of Appeal (Johnson v Firstrand Bank Ltd, Wrench v Firstrand Bank Ltd, and Hopcraft v Close Brothers Ltd) issued on 25 October 2024 has caused not only significant disruption in the motor finance market over the past week but has also rippled into other regulated products, creating uncertainty in business-to-business arrangements where a broker is used to facilitate funding and introduce a lender to provide finance.
Beverley Wood is a partner in the banking and finance team who began her legal career as a trainee at Morton Fraser, now Morton Fraser MacRoberts. In this interview she reflects on her journey from trainee to partner, and on her time at the firm so far.
This is one of a series of articles we are producing to guide our clients through the wholesale change proposed in Scots law in relation to security over goods and intellectual property, on the one hand, and invoice finance or the purchase of receivables, on the other. The Moveable Transactions (Scotland) Bill was passed by the Scottish Parliament on 4 May 2023 and is expected to be implemented in the later half of 2024. This article is concerned with the new Statutory Pledge to be introduced for the first time into Scots law.
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