We have become adept at putting in place protective structures which may operate as follows:       

1. The principal entity will continue to hold all assets, plant and equipment, goodwill, intellectual property leases and product ("assets") but will not trade.   
2. The principal entity will licence a subsidiary to utilise all of the assets, under licence.     
3. The principal entity will charge the subsidiary a licence fee.   
4. The principal entity will enter into a Service Agreement with the subsidiary to provide service.       

We regularly advise in the following areas:

• Directors' duties, liabilities and rights of indemnity
  
• Fund raising under the Corporations Act 2001
• Trust deeds
• Reductions of capital
• Corporations Law compliance
• Incorporation of companies
• Insolvency
• Restructuring and reconstructions
• Securities enforcement and debt recovery
• Share buy-back schemes and documentation
• Takeovers
• Trade practices compliance

We are also conscious of the capital gains consequences of any restructure. We advise on a number of CGT exemptions, concessions or rollovers that can be utilised to reduce or eliminate any CGT such as the:    

• 15-year exemption
• Retirement exemption
• Small business 50% reduction and/or the small business rollover