Restructuring or reorganising a business can be essential for a number of different reasons. We will work with you to understand the reasons for the change and guide you through the legal process to ensure all legal points are covered.
Restructuring and reorganisations of a business do not always mean that there is a problem. They can be an efficient way of separating elements of the business to achieve future goals, such as a sale, or to return funds to shareholders. Whatever is driving your desire to undertake a restructure, there are compliance issues to consider and taking advice from us and your other professional advisers at an early stage so that we may understand your reasons for the change and will ensure that we can assist you in achieving your aims in a pragmatic and cost-effective way.
Demergers are often used to split distinct parts of a business however care needs to be taken to guarantee the correct transfers take place, both from a practical and legal point of view; staff, assets, contracts and liabilities all need to be considered.
Share buy backs are more often used to buy out an exiting shareholder where the company has enough cash reserves to do so. There are specific legal requirements to effecting a buyback of shares and so our advice would always be clear that the company can meet those before embarking on this type of arrangement and risking the transaction having no legal effect wasting time and costs.
Why choose Tozers?
Our team of experts have a wealth of knowledge in commercial law. The team are also ranked against other local firms in the Legal 500 legal directory.
