Employee Benefits

Our key experience includes advising:

Cadbury on issues relating to its multiple employee share schemes during the takeover by Kraft.

Cazenove Group on the share scheme issues relating to the J.P. Morgan Cazenove joint venture becoming a wholly owned part of J.P. Morgan.

HM Treasury on share scheme issues in connection with the taking into temporary public ownership of Northern Rock and parts of Bradford & Bingley and the recapitalisation of the banking industry.

Shire on the redomicile of the parent of the Shire group to Jersey and of tax residence to the Republic of Ireland, advising on the effect on existing share schemes and establishing four new schemes.

3i on the share scheme aspects of its £732 million rights issues.

Barratt Developments Group on the establishment of new executive and savings-related share option schemes.

Banco Santander on proposals made to and treatment of option and awardholders under Alliance & Leicester share schemes in the context of its £1.3 billion takeover offer.

Corus Group on the share scheme aspects of its acquisition by Tata Steel.

British Airways on the effect of the proposed merger with Iberia on British Airway's existing share option schemes and employee benefit trust.

Ocado Group on the share schemes aspects of its flotation.