Contact Us

+350 20079000 info@hassans.gi

This data will only be used by Hassans for processing your query and for no other purpose. View our privacy policy
Corporate & Commercial Corporate & Commercial

Corporate Restructuring

Restructuring Team

This area of practice has a broad scope and can often involve drawing upon the counsel of numerous specialists, in areas including corporate, tax, financial services and wider regulatory, litigation, real estate, employment and pensions, amongst others.

Our full service, integrated team have considerable experience and expertise in advising a wide variety of clients (including private investors, family offices, middle market operators and large multinationals) by identifying and presenting often novel, practical solutions to complex situations, offering a clear and concise explanation of potential risks and pertinent considerations so as to assist relevant decision makers in matters involving:

  • streamlining or re-organisation of cross-border corporate structures (whether to optimise the effectiveness and substance of holding or operating companies or particular assets, and sometimes involving distributions and wider repatriation of assets out of a Gibco with and without availability of distributable reserves [including where tied-up as share premium, which is not directly distributable under Gibraltar law])
  • contributions to, by or through a Gibraltar company
  • intended transactions where there are potential tax impacts (whether in Gibraltar or elsewhere) depending on how these may be characterised or pursued
  • circumstances where there are Gibraltar entities forming part of a Group that has or expects to file for Chapter 11 or other foreign bankruptcy proceedings
  • wider insolvency situations
  • financing aspects
  • distressed debt scenarios
  • exits, etc.

Some recent instances of our assistance in this sphere include:

  • advising on the hiving-off of a Gibco top holding company (and all subsidiaries [and their assets and liabilities] beneath the same) as part of the Chapter 11 reorganisation of an offshore ultra-deepwater drilling company.
  • a technical and extensive restructuring of an NYSE listed American manufacturing company, including carefully managed liquidation processes in light of potential Chinese indirect transfer tax considerations.
  • a Gibraltar court-sanctioned share premium reduction (noting that, in certain circumstances, and subject to confirmation of the court, there may be some latitude and optionality regarding the repayment of reduced stated capital or share premium of a Gibraltar entity either directly as a return of capital/share premium or, in the alternative, its recharacterization as capital reserves allowing for potential future repatriation by way of distribution out of distributable reserves).

For more information, please contact one of the Corporate & Commercial team.

Latest Views For Restructuring

M&A Outlook in 2023: Fancy buying a football club?

Following Chelsea F.C.’s (arguably unexpected) sale earlier this year, more recently Liverpool F.C., Paris Saint-Germain F.C., Manchester United F.C. have all become clubs which may be put on the market […]

What’s done is done – or is it?

A minority shareholder is seeking the rescinding of what some described as an overly generous 10 year pay package agreed with Elon Musk in 2018.  Tesla’s Board at the time […]

Gibraltar/UK – a relationship continuing to pay dividends

The tone of unofficial Treasury comments following last week’s meeting between PM Sunak and Chancellor Hunt suggests the UK government may be attempting to balance more than just the books […]

Getting the Deal Through – Digital Business

Members of our Corporate & Commercial, Litigation and Financial Services teams have come together to co-author the recently published Lexology – Getting the Deal Through Guide on Digital Business. Hassans’ […]

Latest Insights For Restructuring

Electronic Signatures – Valid Under Gibraltar Law?

Covid-19 has changed usual business practices forever. The pandemic led to a great deal of work and communication occurring in a purely digital format. Indeed, as people are being forced […]

Posted on

Common issues when starting a business.

Setting up a new business can be an exhilarating time and the culmination of a dream. However, in most cases, this is a brave leap into the unknown…with unpredictable results. […]

Posted on

The progress of medical cannabis in Gibraltar – the context, the story so far and a glimpse of the future

Introduction The issue of the use of cannabis for the treatment of certain medical conditions has developed an increasingly higher profile in the mainstream media in the last few years.  […]

Posted on

A full service law firm

With Hassans by your side, you can be sure of the best advice, from the right person for the job, in all areas of legal practice in Gibraltar.

All Expertise