Often businesses develop over many years or through a series of acquisitions to the point where its structure is no longer appropriate.
This could be for a variety of reasons – maybe the original synergy between different businesses has gone and they could operate better apart, or often in private companies spare cash may have been invested in a property portfolio.
Having this inside the same corporate structure can cause immense problems if any corporate transaction is to be undertaken and so a reorganisation may well be called for.
Restructuring and reorganising the corporate structure of your company or group of companies can also be advantageous for other reasons, including tax efficiency or an exit of a key shareholder or founder. These can take a variety of forms with differing degrees of complexity.
Our corporate team offers expert help and advice at every stage of the process, from early planning and advising on which structure is most appropriate for your business, obtaining any necessary tax clearances, through to obtaining all necessary third party consents and security release documents and implementing the reorganization. We will also manage the process to ensure there is minimum disturbance to your business.
If you are considering selling your business, we can also advise you on how best to reorganise it to provide the most advantageous structure. We can also work closely with you to ensure that the corporate structure of your company or group of companies reflects your needs for now and the future.
Whether the reorganisation is of a complex group or a single private company our corporate team have significant experience to help and will work seamlessly with our banking, commercial, insolvency, commercial property and employment lawyers to ensure you receive a complete service when considering any type of restructuring exercise.
Our areas of expertise include:
- Divisionalisations and consolidations
- Schemes of arrangement
- Share buybacks
- Intra-group assets or business transfers
- intra-group loans and security
- Incorporation of an unincorporated business
- Variation of share rights