Tax issues on stake sales and investment into managers: structuring, pitfalls and steps to take now
About
Paul advises employers and trustees on all aspects of UK pensions law. Paul has particular and significant experience of advising clients on the pensions aspects of complex corporate, finance and restructuring transactions.
Paul has extensive experience advising private equity funds, hedge funds, investors, lenders, and insurers on UK pensions law in the context of corporate M&A activity, financings and re-financings, restructurings, and pension insurance and risk transfer transactions.
Other regular work includes advising scheme sponsors and trustees on major pension projects including closure to future benefit accrual, benefit change and harmonisation exercises and transfers to Master Trust arrangements.
Experience
- Advising Legal & General on its c.£1.6bn buy-in with the trustees of the BP Pension Fund.
- Advising Spirit AeroSystems Holdings, Inc. on the pensions aspects of its pending $8.3bn acquisition by The Boeing Company.
- Advising various private equity (US and Middle East based) clients on a number of successful multi-billion pound take private acquisitions of previously UK listed companies in various sectors including waste disposal and aviation services.
- Advising a leading US based global domestic appliance business on its European strategic joint-venture with a European based competitor as part of a portfolio transformation.
- Advising a UK plc client, operating in the vehicle parts manufacturing industry, on its multi billion-pound acquisition by a trade buyer.