Corporate | Reorganisation & Restructuring
Frequently a corporate client will want to implement some form of reorganisation or restructuring, for example to demerge the business, return capital to some or all shareholders or to move assets within its group.
Such reorganisations need careful attention to the legal framework of the Companies Act as well as to the tax treatment of the structure and to corporate actions needed to give the desired outcome of the reorganisation.
Our teams are experienced in the legal framework as well as the various tax issues (on which works closely with our corporate tax team) to address and mitigate the immediate and long-term tax consequences of the restructuring.
- advising a trading group on a four demerger by way of a member’s voluntary liquidation with subsequent agreements under section 110 of the Insolvency Act
- a statutory demerger of the professional practices of an architectural group from its support and management functions with the subsequent splitting of the professional practices in two through a solvent liquidation
- the reconstruction of a family owned group to buy out the 50% interests of non-participating family members