Intra-group reorganisation (by asset sale)─checklist


Produced in partnership with Michael Scargill of A&O Shearman
Checklists

Intra-group reorganisation (by asset sale)─checklist


Produced in partnership with Michael Scargill of A&O Shearman

Checklists
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This Checklist briefly summarises the key steps involved in an intra-group reorganisation of assets owned by an English-incorporated company to another English-incorporated company and highlights certain issues which may arise for the company as a result of such process. This Checklist does not claim to be exhaustive, as the issues that arise in connection with a reorganisation by asset sale and the steps involved in the process will vary from one transaction to the next.

For a summary of the key issues involved in an intra-group reorganisation by way of a share sale, refer to: Intra-group reorganisation (by share sale)─checklist.

Consideration of a corporate reorganisation may also require specialist assistance in property, employment, pensions, intellectual property, information technology, finance and tax matters. Please consider obtaining further guidance on these areas.

IssueGuidance
Determining the intra-group reorganisation structure and other preliminary considerations (general)Asset purchase or share purchase?
For guidance on pre-reorganisation planning and whether to choose a reorganisation by way of an asset or share purchase, refer to: Intra-group reorganisation—common issues—flowchart and Practice Notes: Common
Michael Scargill
Michael Scargill

Head of UK Knowledge Management, A&O Shearman

Michael Scargill is Counsel and Head of UK Knowledge Management in the London M&A Group of Shearman & Sterling. Previously, he was a corporate partner of Allen & Overy for over 16 years. He originally trained and worked as a solicitor, at Slaughter and May.

With over 30 years of corporate legal experience, advising both UK and global clients, Michael has extensive experience of a wide range of both public and private cross-border and domestic M&A, privatization, joint venture, corporate governance and capital markets transactions, as well as large scale outsourcing and restructuring matters.

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United Kingdom
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