Reorganisations and solvent restructurings

Acting for Autosport Media UK Limited to set up a new group structure by transferring various businesses, assets, contracts and subsidiary companies into a newly formed company in preparation for the sale of the digital, print and media business

Acting for William Nash Plc on a capital reduction demerger to separate a property portfolio from the principal property holding company. As the company was a public company the capital reduction element of the demerger required the approval of the High Court.

Advised on the reorganisation and subsequent sale of nursery group Davidson-Roberts Ltd to Family First Nursery Group. The project team worked closely with Grant Thornton UK LLP and the Company’s accountants to structure and implement a demerger in preparation for the sale in line with shareholder objectives.

Acting for Hillborough Properties Ltd, a caravan park on the Kent coast in relation to a three-cornered demerger with a transfer of shares and capital reduction with 9 steps in preparation for the sale of certain group entities.

Acting for US-based Chromalloy in relation to the implementation of a cross-border group restructure to simplify the intercompany loans. The project involved two separate restructurings covering multiple jurisdictions, including the UK, the EU, the U.S. and Bermuda, and included obtaining National Security & Investment (NSI) approval.

Provided advice to a UK property investment group on the separation of its business into two separately-owned parts by means of a demerger, facilitated by way of a court-approved reduction of capital.

Advised a global film production company on a legal entity rationalisation programme of its UK group, by means of intra-group hive up agreements, distributions of assets in specie and capital reductions.

Advised a French food manufacturer on the merger of one of its UK subsidiary companies into its French parent company through a merger under the Companies (Cross-border Mergers) Regulations.

Advised the shareholders of a leading supplier of secure payment solutions on restructuring its existing debt and equity. This allowed various shareholders to increase their shareholdings and effect a buy out of a private equity investor.

Advised the shareholders of a holding company of a diverse group of property holding and trading companies on the restructure of the group to assist with lifetime tax planning. Separate legal entities were formed and a demerger created 14 new companies and transfer of assets by a liquidator.