Expert Resources

Take advantage of our free expert resources, written by the experts at LCN Legal, based on their practical experience of working with multinational groups and their advisers across the globe. If you are interested in these areas, you may wish to bookmark this page to check back regularly for new information.

Paul Sutton

Removing unnecessary companies: strike off or MVL?

This article is taken from the third postcard in our series of cards on group reorganisations, and looks at two options when removing unnecessary UK companies from a group. Striking a company off the register or using a solvent liquidation both involve a certain amount of legal risk for the directors of the company concerned. Aside from tax considerations, …
Paul Sutton

Most common legal pitfalls in group reorganisation projects

Like any other projects, group reorganisations require an appropriate level of planning to make sure that they are implemented smoothly. This includes checking legal issues involved. Here are some of the most common legal pitfalls: ‘Backdating’ documents – which can constitute fraud Transferring assets at less than market value or book value (depending …
Paul Sutton

The top 10 causes of delay and budget over-run in group reorganisation and simplification projects, and the antidote: our 5-step process

When you are planning the implementation of group reorganisation and corporate simplification projects, the basic objectives are usually to complete the desired steps on time, on budget and with the minimum of fuss. You might be forgiven for thinking that this should be easy to achieve. The reality can be a bit more hit-and-miss. Here’s a run-down …