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ARTICLE · 19 NOVEMBER 2021

Spring cleaning the corporate structure

Corporate streamlining is a cost-effective restructuring tool that takes the complication out of a corporate structure.

AustraliaCorporate/Commercial Law

Is it time for a spring clean?

The to-do list is often long, and one task that never quite makes it to the top is a review and wind up of surplus or dormant subsidiaries. With the first half of the financial year almost done, now is the time to be considering ways to create a more transparent, less complex corporate structure through corporate streamlining.

It is a cost-effective restructuring tool that takes the complication out of a corporate structure, allowing for the solvent wind down of redundant entities. The need for these services can arise from M&A transactions (following either integration or separation), restructuring activity, discontinued operations, shareholder or partner disputes or inefficiencies with a legacy structure.

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