restructuring | AccountingWEB

restructuring

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

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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

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

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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.

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