At Royds Withy King we are still able to serve all your legal needs during the Coronavirus pandemic. Find out more.

Our corporate team is used to guiding clients through the complex legal issues arising on a corporate reorganisation or restructuring project, and has extensive experience working collaboratively with external tax advisers to implement projects that achieve our clients’ objectives in the most efficient way possible.

There are many reasons why a business may need to effect a corporate reorganisation or restructuring. Whether the demerger of business divisions as a precursor to a sale, the removal of dormant or excess companies from a group structure or a share buyback to allow a shareholder to exit, all are document intensive processes requiring careful planning and specialist legal advice.

Our clients range from UK-based SMEs looking to simplify their operational structures in preparation for investment, to large UK and international corporates carrying out multi-jurisdictional cross-border reorganisation projects.

Our areas of expertise include:

  • demergers;
  • group simplifications;
  • intra-group transfers including hive-ups;
  • capital reductions;
  • share buybacks in connection with shareholder exits;
  • schemes of arrangement;
  • share exchanges; and
  • distributions and strike offs.

Recent experience includes:

  • Advising France-domiciled Socomec, a specialist in the availability and control of low voltage electricity, on the merger of its two UK subsidiaries.
  • Advising WRc Plc on a corporate restructuring negotiated with the Pensions Regulator including the de-coupling of WRc’s pension deficit from its trade and assets and the agreement of a pension deficit payment deferment programme.
  • Advising on the three-cornered demerger of a specialist adhesives and semiconductor business into two separate companies, followed by the sale of one of these to a US-domiciled purchaser.
  • Advising on the hive-up of the business and assets of a regional technology business as part of a wider group simplification project in preparation for investment.


The impact of unconscious bias in Financial Servic...

In any financial services M&A transaction, plenty of consideration is given to the technical aspects of the deal and the regulatory, fi...


How we secured our Times Best Law Firms 2021 ranki...

Last week we were announced by The Times as one of their Best Law Firms for 2021. Here’s how we did it.


Incentivising your workforce: EMI schemes

The question many employers face is how to create a sense of ownership within a workforce. How do you incentivise your workforce and cr...


Read more on the Info Hub