A group structure can become complex over time, with significant time wasted in accounting for inter-company transactions and dealing with unnecessary corporate governance.
Simplifying a corporate structure requires corporate tax know-how, as well as restructuring and recovery expertise, in order to identify tax efficiencies and avoid unwanted tax liabilities. Sometimes Voluntary Liquidations of companies are used to facilitate the restructure and hasten the dissolution of surplus group companies.
We will provide a solution to funders or joint venture partners in dispute, as well as to others, in the areas of:
We work closely with management and their advisers to prepare scheme documents agree timetables, and liaise with key stakeholders to ensure schemes are properly implemented and concluded.
In a debt-for-equity swap, creditors of a business agree to cancel some, or all of their debt, in exchange for equity in a business. These deals tend to occur when creditors see no benefit in forcing a company into formal insolvency procedure. Instead, they would prefer to take control of the business as a going concern.
Our business restructuring team can assist with planning and implementing the most effective debt for equity swap option.