Business Restructuring Lawyers
There are a number of reasons why it might be pertinent for a business to examine and review both its business and financial structures, and make the appropriate changes.
At Lupton Fawcett, we have the legal expertise combined with the in-depth commercial knowledge you require to give you the best advice and to help you make the right decisions for you and your business.
Our corporate restructuring team regularly advises businesses, their shareholders and directors as well as lenders and venture capitalists on the best way to take their business forward.
To speak to one of our commercial specialists about our corporate restructuring services, contact us by phone on 0333 323 5292 or by completing the online enquiry form for a quick and helpful response.
Our Corporate Restructuring Services
We frequently work with businesses, groups and sole traders who are looking to alter their financial and management structures for a wide variety of reasons including business growth, new investment, a change in shareholders, tax arrangements or to protect against insolvency.
Whatever you need us for, we can review your business practices and help you to implement the changes required for your continuing success and profitability.
Whether your small business has developed to become a limited company, or whether you are seeking long-term solutions to financial problems within the business, trust us to make the right decisions for you.
Formal insolvency should always be a last resort and is rarely the best outcome for most businesses. If financial problems are recognised early enough, we can help to restructure underperforming businesses to help preserve and protect a profitable enterprise.
We can provide advice on any of the following corporate restructuring procedures:
Mergers and demergers
By combining the company with another more profitable business, or by selling certain parts of the business, capital can be raised and debts cleared as part of the business turnaround.
Distressed sales and purchases
Insolvent and financially distressed companies are frequently bought by turn-around specialists or other interested parties looking for a quick transaction, helping to avoid insolvency and clear or manage outstanding debts.
By replacing an existing debt obligation with another, more favourable terms can be agreed such as a better interest rate, reduced monthly payments or consolidation of debts into a sole payment.
A company can reduce its shareholder equity by cancelling its shares to increase shareholder value. This will produce a more efficient capital structure, reduce liability and eliminate losses. Capital reductions apply to all shareholders.
A share buyback scheme can involve just one shareholder or many but the result is the same in helping the business to reduce its cost of capital, consolidate ownership, and release profits to help with clearing debts.
Share rights issues
A company can save a significant amount of money by offering shares to existing shareholders at a reduced rate.
Share for share swaps
During an acquisition, the takeover company offers its own shares, at an agreed price, in exchange for the shares in the company it is looking to acquire.
New group structures
Forming a group company structure can help protect a business against commercial and financial risk. A subsidiary company can ring-fence assets or liabilities, therefore protecting others in the group. It can also help with any future sale of one or more parts of the business, allowing some of the company to be retained.
Creation of new share classes
A company can have as many share classes as it likes and usually introduces others when a new party wishes to invest in the company.
Businesses can make joint venture arrangements with another like-minded company so as to pool resources for a particular task or goal. We work closely with our corporate, property and employment departments to deliver effective restructuring solutions to all of our clients. This seamless provision ensures an efficient, reliable and cost-effective service to achieve swift and positive results.
We have worked on a number of notable cases, including:
- Acting for a lender on refinancing a multi-million pound development of a mixed-use scheme.
- Advising the management team of a UK distributor during a restructuring that resulted in them successfully acquiring the business and assets from administrators.
- Advising a lender in connection with its enforcement and refinancing options regarding a multi-million-pound loan secured on a large commercial property investment portfolio.
- Advising the management on the restructuring of one of the UK’s largest independent car rental groups.
- Advising management on the restructuring of a major construction group and the administration of a loss-making subsidiary.
Our track record speaks for itself and when you combine our legal know-how with our communication skills and commercial knowledge, you can have confidence that Lupton Fawcett is the legal team to put you ahead and help you achieve your aims.
Why Choose Lupton Fawcett?
We are a full-service law firm so you will benefit from having access to a range of legal specialists including our commercial, property and employment lawyers to ensure you are in receipt of the most comprehensive and thorough legal representation.
Our in-depth knowledge is unrivalled in the industry and our reputation as industry leaders precedes us.
We are accredited by the Legal 500 and Chambers UK and are extremely proud to be so consistently recommended by our clients to others.
We take pride in our Yorkshire roots and values, which give us an easy manner and the ability to make clients feel relaxed and at ease. With our friendly approach and clear and straight-forward advice, you can rest assured your business is in safe hands.
Having advised and supported many local people and businesses in the past 100 years, we are proud to offer our clients a dedicated service at an affordable and cost-effective rate. We offer a range of flexible pricing plans so whether you would prefer a fixed fee contract, a pay as you go arrangement or a traditional hourly charging rate, we can discuss your options to find the best way forward for you and your business so that you have access to all the expert advice you need.
Talk to Us
Find out more about our business recovery team’s corporate restructuring services today by calling one of our Yorkshire offices.
We provide a personalised service, with sector specialists and extensive resources to ensure we are giving you the best solutions to your problems.
Our Corporate Law Solicitors act regularly for clients across the United Kingdom including Bradford, Birmingham, Hull, Leeds, Liverpool, London, Manchester, Sheffield, York and Nottingham.
As recognised Business Restructuring Lawyers we can support your needs wherever you live in England, Wales, Northern Ireland and Ireland.