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I would like to receive newsletters, event invitations and publications from Thomson Snell & Passmore by email on the following topics (tick all those that apply) and consent for my data to be processed for this purpose.

We respect your privacy and want news to be relevant. To either, click here or update your preferences by emailing us at info@ts-p.co.uk. Your personal data shall be treated in accordance with our & .

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  • Overview

    The corporate team at Thomson Snell & Passmore recently advised a longstanding client on a demerger by way of a share capital reduction.

    The client is a company owned by family members operating different businesses through various subsidiaries.

    The reason behind the demerger was to enable part of the business to be split from the remainder and run independently by one of the family members. 

    This involved a number of steps including the incorporation of new companies, the transfer of subsidiaries and the conversion of the share capital before the demerger could take place by way of a share capital reduction supported by a solvency statement. 

    Please see our separate article (https://www.ts-p.co.uk/news/demerger-by-way-of-share-capital-reduction) for a more detailed explanation of a demerger by way of share capital reduction and the main steps involved. 

    The corporate team at Thomson Snell & Passmore was led by Nick Gabay, Partner in Corporate & Commercial, Joseph Hartland, Solicitor in Corporate & Commercial and Alex Lewsley, Partner in Commercial Property. 

    If you would like more information, please contact Nick Gabay on nick.gabay@ts-p.co.uk or 01892 701236. 

  • Related Services

    Corporate

    Our award winning team of corporate lawyers provide highly practical advice to help businesses of all sizes develop and grow.    

    Restructuring & insolvency

    We have considerable experience in all aspects of restructuring, for firms of all sizes.

Newsletter Sign Up

I would like to receive newsletters, event invitations and publications from Thomson Snell & Passmore by email on the following topics (tick all those that apply) and consent for my data to be processed for this purpose.

We respect your privacy and want news to be relevant. To either, click here or update your preferences by emailing us at info@ts-p.co.uk. Your personal data shall be treated in accordance with our & .

Get In Touch

By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

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Jargon Buster