Our Corporate team provides advice on group structures to our entire range of clients.
For all clients, our advice includes ensuring that the parent has effective control over the group (particularly below “first tier” subsidiaries); shadow directorship issues; intra-group service provision or cost share agreements; “collapsing” group structures through intra-group mergers; and the impact of funders’ requirements and pension shortfall commitments on the structure.
For our non-profit client base, including housing providers and charities, group structures are frequently a means for clients to collaborate without a full merger. Our advice spans how to give effective representation to stakeholders (such as service users, staff or a local authority or statutory body) whilst retaining control; compliance with regulators’ requirements and in particular “ring-fencing” of regulated activities; and due diligence on new entrants to a group. We have devised intra-group relationship funding agreements which are “cutting-edge” and widely used in these sectors.
For further information please contact Andrew Cowan,
Jonathan Ebsworth, Gareth Hall or Andrew Crawford.