Restructuring

Companies may look to restructure for a variety of reasons, including creating a group structure, safeguarding assets or for succession planning purposes.  The Corporate & Commercial Team at Talbots Law have significant experience in helping companies and shareholders to restructure businesses to achieve their commercial objectives.

Why choose Talbots Law for restructuring?

Our Corporate & Commercial Team has a wealth of knowledge when it comes to restructuring and will work with your advisors to help implement any planned restructuring.  They will take the time to understand your aims and work with you to identify and resolve any issues that may arise.

Examples of the types of work that our Corporate & Commercial Team can help you with include:

  • Capital reduction demergers;
  • The creation of group structures;
  • Share for share exchanges;
  • The creation of different classes of shares (eg Alphabet Shares, Growth Shares);
  • Incorporation of property partnerships into limited companies.

Restructuring FAQs

How long does it take?

The answer varies depending on the nature of the restructure and what you are trying to achieve.  Many restructures area driven by tax or for succession planning reasons.  Factors that can impact on timings include:

  • Whether or not your restructure requires approval from HMRC;
  • Bank consent to a restructure;
  • Whether there is any bank finance involved in the transfer of assets;
  • Any employment related issues such as complying with TUPE requirements.

What ae the common issues that arise on a restructure?

There are a number of issues that may arise on a restructure, including:

  • TUPE requirements in relation to the transfer of employees;
  • Landlord consent
  • Banking requirements;
  • Change of control clauses in commercial contracts.

Our experienced Corporate & Commercial solicitors will help you identify these issues at an early stage and work with you to resolve them to ensure that any restructure can proceed in a timely manner.  To find out how we can advise you, please call us today 0800 118 1500.