restructuring | AccountingWEB


Client operates a small group of companies, with main trading company A being parent of minor trading subsidiary B.

plan is to add non trading holding company X above A


Company A holds Company B at 100 value.  Company B reduces its share capital by 99 and pays out 99 as a distribution to Company A.  I understand that at this point, Company A will need to write dow


Restructuring specialist Hilco UK has bought HMV's debt, raising hopes for the salvation of the high street music retailer.


KPMG has slashed 275 staff as part of its latest restructuring exercise in an attempt to streamline the business.

KPMG has told its UK staff that up to 3% of roles, equating to more than 300 positions, will be “at risk” as part of a review across the entire business.

Hi everyone,

I have been researching this since morning, and I guess there is something wrong with my researching skills. I haven't been able to find an answer to this question.