Chambers Review
Provided by Chambers
Restructuring/Insolvency - Scotland
What the Team is Known For
BBM Solicitors advises on both contentious and non-contentious restructuring and insolvency matters, with a focus on working with insolvency practitioners. It has further experience of high-value asset recovery and fraud-related matters. It is notable for its work on cross-border mandates and for its strength in matters in the oil and gas sector.
Strengths
I think BBM's key strength is the boutique nature of the firm and that they specialise in insolvency. They are excellent.
BBM are quick to respond to queries and give clear, pragmatic advice. They have in-depth knowledge of all Scottish insolvency matters.
BBM understand the nuances of legislation and get to the root of the problems. They are specialists in their field and very responsive.
Work Highlights
BBM advised the joint administrators in the pre-pack administration of Eddy's Food Station.
Notable practitioners
Eric Baijal is the managing director of BBM. He carries out substantial work in the restructuring arena, leading on complex insolvency litigation matters, as well as restructuring mandates of all kinds.
Eric is friendly, approachable and knowledgeable. He has extensive experience of insolvency and restructuring matters, not just in Scotland but in many other jurisdictions.
Eric is a leader and ensures that our work is done speedily and with minimum fuss. We feel very supported in these complex areas.
When Eric is involved, everything runs smoothly and he pre-empts issues and identifies them. He advises, rather than just presenting alternatives.
Eric is technically very, very strong. He is clearly all over the legislation, and he is someone who is super impressive.
Eric is a very, very technically gifted lawyer. He really understands the work. He's one of the best in the market for this kind of work.