Cms

CMS has advised Smart Metering Systems Plc (SMS) on its latest equity placing. The transaction involved an accelerated bookbuild process, managed by Cenkos Securities plc, Investec Bank plc and RBC Capital Markets, to raise around £175 million investment through a share placing. SMS is a fully

CMS has advised the Scottish National Investment Bank in relation to its investment into satellite-enabled connectivity start-up, R3 IoT Limited. The bank invested alongside US-based venture capital fund Space Capital in a round that closed at approximately £3.1 million ($4.3m).

CMS has announced the promotion of five colleagues to the role of of counsel in Scotland. Construction law specialist Claudia Russell and two further Edinburgh-based colleagues, Kirsty Nurse and Keith Simpson from the firm’s banking and finance team, have been elevated to the senior position.

CMS has opened its annual competition to find its next CMS Law Scholarships students in Scotland. The CMS Law Scholarships Scheme awards £2,500 each year to three high-performing Scottish S5/S6 state school pupils from economically disadvantaged backgrounds while they are completing their law

A group of business and legal bodies representing Scotland, Europe and the US have urged caution towards the introduction of US-style ‘opt-out’ class action lawsuits in Scottish courts. The Scottish Chambers of Commerce, European Justice Forum, BritishAmerican Business and the US Chamber

CMS is joining forces with Interpath Advisory to stage a free-to-attend seminar for Scottish hotel and leisure businesses as they reopen after the second Covid-19 lockdown. The event will include a presentation by Stephen Montgomery, spokesperson for the Scottish Hospitality Group, a body which repr

CMS UK has signed up to become a Gold sponsor of the Lawscot Foundation, donating £5,000 to help support law students from disadvantaged backgrounds in Scotland. The donation will fund two of the foundation’s annual bursaries of £2,500. This will go towards helping academically gif

CMS has announced five new partner promotions in Scotland. Employment lawyer Catriona Aldridge joins fellow Edinburgh-based colleague Claire Wallis and Glasgow-based Mike McColl, both from the firm’s real estate team, in making the move to partner level.

Jae Fassam, partner at law firm CMS, discusses the increasing role of Environment, Social, Governance (ESG) in Scottish businesses. As Scotland recovers from COVID-19 and businesses adjust to a new, post-Brexit landscape, rebuilding the economy in a sustainable manner will be the core focus over the

A survey of senior oil and gas sector legal managers has revealed a substantial number believe net zero actions, by shareholders, investors or activists, present a ‘real risk’ to their business. The Oil and Gas Disputes Survey, conducted by CMS, identified these and other forms of climat

CMS is joining forces with experts in the Scottish business community to deliver ESG Exchange, a series of free to attend discussions focusing on environmental, social and governance (ESG) issues. Throughout March, CMS partner Jae Fassam will be joined by specialist guest speakers to discuss the rea

CMS has been appointed to advise the Northern Lighthouse Board (NLB) on the procurement of a new vessel to replace the NLV Pole Star. The Oban-based 52.5m vessel, used for buoy-laying and other core NLB operations, was built in 2000 by Ferguson Shipbuilders in Port Glasgow.

CMS UK has been awarded a score of A- by CDP in recognition of its continuous efforts to tackle climate change issues. The firm, which has offices in Edinburgh, Glasgow and Aberdeen, has made significant progress in addressing greenhouse gas emissions including in its supply chain (scope 3 emissions

CMS has advised M-Squared Lasers group (MSL) and its management team, on a complex, £32.5m multi-jurisdictional financing transaction to acquire a substantial part of business growth fund’s (BGF) shareholding in MSL. The deal also incorporates a significant investment into MSL by the new

CMS has been appointed to the UK legal panel for Unity Trust Bank, a specialist commercial lender to businesses and organisations that create positive community, economic and societal impact. The firm’s appointment commenced in September 2020 and follows a successful pitch led by James Horton