What is corporate restructuring?
It is often assumed that corporate restructuring only occurs when a struggling business attempts to alleviate their debts, however this is a general misconception.
Corporate restructuring is altering the composition of a business to make it more profitable; therefore, corporate restructuring can be a tactic used by successful businesses to further accelerate their growth.
Why do businesses restructure?
Businesses may look at their corporate structure for a range of different reasons, such as:
- Financial motivations to readjust costs and debts
- Remaining compliant with new laws
- Growth via expansion of the team or acquiring another company
- Disposing an element of the business so it is more streamlined
Corporate Restructuring specialists
We provide a full legal advice service to English companies as well as to banks and other lenders, trade creditors and suppliers.
We also provide legal support and assistance to cross-jurisdictional groups of companies.
As part of this role, we often put together cross-disciplinary teams of experts in corporate law, finance, real estate, tax, dispute resolution, employment and more, who are able work swiftly in implementing our clients’ requirements and providing solutions.
Restructuring services for solvent companies
Whether you are winding down a company which is surplus to requirements, or just want to simplify your company structure, our team supports clients with a range of services for solvent companies. This includes advice on share buy-backs and management buy-ins, members voluntary liquidation (MVL) and S110 demergers/reconstructions.
Our specialist team understand the need for quick and clear advice in these situations and provide advice to companies and directors, in challenging situations where time of the essence.
Our service is designed to help reduce the stress and worry for clients.
We also act for office-holders in formal insolvency procedures such as administration, company voluntary arrangements, receiverships and liquidations.
Legal 500 commentary
Legal 500 recognises the team as “responsive and commercially-oriented” with our Head of Corporate Restructuring, Caroline Cropley personally recommended for her “clear and jargon free advice”.