De Merger of Companies
In August 2013 we undertook the solvent liquidation of two investment companies, owned and run by two families. The families wished to de merge the businesses and therefore we completed a s110 reconstruction.
Though this process two separate companies were formed and the business assets split between these new companies with new shares being issued to the shareholders of each company.
Distributions of both cash and property assets 'distribution in specie' (Latin for 'In Kind') were made to shareholders allowing for seamless continuity of trade.
"having gone through this process, I wish I had known earlier how important it is to make sure you speak to the right people with insolvency qualifications. Thank you for your help"Director (Joinery Firm )
25 April 2016
22 March 2016
20 January 2016
- Head Office: Suite 3 Farleigh House, Farleigh Court, Old Weston Road, Flax Bourton, Bristol, BS48 1UR
- Tel: 01275 464 038
Fax: 01275 462 937