Legal fees - Hive up of business

Legal fees - Hive up of business

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Company buys shares and then hives up the business of sub.

Would we allow the legal fees on the element that represents the hive up?

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By Steve Kesby
20th Aug 2012 12:44

I can't see it

Those fees seem to me to do nothing of benefit to the trade itself; they simply effect a change in the person carrying on the trade, in accordance with the purchaser's wishes.

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By blok
20th Aug 2012 13:54

.

yes.. I suppose you are right.  oh well.

thanks

 

 

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