Restructuring
The department frequently helps its clients to undergo restructuring or re-organisation for many different reasons. Unprofitable divisions, or divisions which detract from the core business of the company can be hived out into separate entities for subsequent sale or winding-up. We will work with our in-house Insolvency Team or with other insolvency practitioners to work through what are often complex issues. In many cases refinancing may be necessary through existing or newly created vehicles. We will work with our Banking Team on the different debt structures to make the relevant proposals fit together. Whatever the initial issues may be, we have the breadth of expertise to examine all possible solutions. For example, realising the potential of under-utilised, but inherently valuable, assets; realising significant savings in corporation tax when restructuring can drive the transaction. Just as frequently, companies are tidying their stall before soliciting offers in order to maximise shareholder return on a subsequent sale. Whatever the reasons, our team can advise at all steps of the process.