Faced with complex pension ownership and urgent financial pressure, our client turned to us for a full restructure and refinance of two commercial units, one jointly owned with the pension scheme and one solely owned by the pension scheme. Both subject to unfavourable bank terms. By coordinating an in-specie transfer, navigating title and banking issues and liasising about variations required to the occupational tenant’s lease agreement, the transaction and refinance position was secured, with liabilities ringfenced. A position the client had previously been advised was not possible.
