Restructuring
We help your business adapt and succeed
The world of business never stays still, meaning companies must be ready to change and adapt if they wish to survive and thrive. Business restructuring can allow companies to evolve and grow for continued success or to avoid failure. However, these are highly complex transactions, so the very best legal advice is needed at every stage.
Common reasons for restructuring businesses include where there is a desire to:
- Operate more tax efficiently
- Avoid insolvency
- Mitigate risks
- Sell part of a business
- Restructure employees
- Move to a more flexible business model
- Restructure company debt or equity
At Longmores, our Corporate Law team offers heavyweight expertise in business restructuring, working with a diverse array of clients, from local SMEs to large corporations and global businesses. We take a high level, strategic view, ensuring your business is restructured in the best way for your overall commercial objectives, now and for the future.
Our corporate lawyers can assist with all types of business restructuring options, including:
- Restructuring businesses
- Restructuring business groups
- Demergers
- Reductions of capital
- Share buy backs
Our corporate lawyers also have extensive expertise with all other types of corporate transactions.
We are ranked by leading client guide the Legal 500 for our Corporate and Commercial expertise, as well as for related areas including Commercial Property, Commercial Litigation and Employment Law.
Our approach is commercial, practical and no-nonsense. We offer creative solutions that work in the real world and add measurable long-term value to your business. We will help you find the best way to structure your business or business group, while making sure you fully understand all implications of any changes you want to make.
Ultimately, our team are here to help your business change and adapt to the commercial realities of your situation, setting you on a firm foundation for future success.
Case Studies
- Company restructure The Longmores corporate team advised on the restructuring of a company by way of an agreement whereby existing shareholders received shares in a new head company. This created a new group structure, in addition one existing director shareholder could realise the value of their shares and take a less active role in management by receiving a mixture of cash and company debt to a value of £1 million. Michael Budd and Thomas Knight advised on the restructuring.
Speak to our business restructuring lawyers
To discuss how we can help your business with restructuring, please get in touch.
Our business restructuring services
Restructuring businesses
Where there is the need to alter the way the share capital or assets of a company are held, it is important to get expert legal advice. Our corporate lawyers can advise you on the various options for restructuring your business, then guide you through the whole corporate restructuring process effectively and efficiently.
Restructuring business groups
Moving assets around within a business group can have a number of advantages, such as strengthening the group as a whole or allowing it to operate more efficiently. Our business restructuring lawyers have particular experience in restructuring business groups, so can provide the high-level expertise needed to achieve success.
Demergers
Where there is the need to separate a company into two or more separate businesses, this is referred to as a demerger. There are various types of demergers, including statutory demergers and capital reduction demergers – which will be the right fit for your circumstances will depend on your precise objectives.
Our business restructuring solicitors can advise on the different business demerger options, then guide you through the entire demerger process, ensuring you can achieve your goals while remaining in full legal compliance.
Reductions of capital
Our business restructuring solicitors can assist with the various options for capital reductions to create or increase a company’s distributable reserves. We have experience achieving capital reductions through the solvency statement route and via the courts, where required.
Share buy backs
Also known as a ‘company own share purchase’, this is where a company buys back some or all of the shares owned by one or more shareholders. Our corporate lawyers can assist with share buy backs, helping to secure shareholder approval and ensuring all legal requirements are met for a valid transaction.
Our business restructuring solicitors’ fees
Cost is an essential issue to consider for any business and we want our fees and pricing structure to reflect this.
Where appropriate, we are able to handle some matters on a fixed fee or capped fee basis. This allows you to budget with precision.
For more complex matters where ongoing support is required, we will work to an agreed hourly rate dependent on the level of expertise needed. We will provide a clear cost estimate at the outset and any additional expenditure will be agreed in advance, so you always stay in control.
To find out more about our solicitors’ fees for business restructuring advice and to request a cost estimate, please get in touch.
Speak to our business restructuring lawyers in Hertford
To discuss how we can help your business with restructuring, please get in touch.
