What types of transactions are classified as ‘corporate reorganisations’ in your jurisdiction?
The term ‘corporate reorganisation’ can be used to mean a wide variety of transactions, but is most typically used to refer to transactions involving the transfer of assets, whole businesses or shares between entities forming part of the same corporate group on a solvent basis. Certain related company law matters also commonly arise in the context of corporate reorganisations, such as adjustments to the funding and capitalisation of companies, returns of profits or capital to shareholders, and intra-group services and loans. Reorganisations may be operational, meaning the manner in which an underlying business operates changes, or financial, meaning the funding and capital structure changes, but the underlying business continues to operate in the same way.
Originally published by Law Business Research Ltd - April 2021.
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