Legal entity rationalization

How we can help

With its LER projects, Platis – Anastassiadis & Associates Law Partnership fields a multidisciplinary team that helps you deploy an efficient process to identify and resolve key considerations. We leverage subject matter resources across business, legal, finance, tax, HR, treasury and IT functions.

Our firm helps you plan and execute a phased approach, including:

• Project setup
  
  
• Identification of targets for simplification and elimination
  
  
• Examination of benefits and potential barriers
  
  
• Due diligence reviews for each target
  
  
• Removal of barriers
  
  
• Creation of elimination strategy
  
  
• Elimination of entities
  
  
• Recommendations for sustaining structure
  
  
• End-to-end project management

The outcome

LER can unlock value through a streamlined legal structure that supports current and future business needs; increases control and transparency; improves tax efficiency and fulfills all legal and regulatory requirements. The potential savings are often more extensive than many companies might imagine, including reductions in statutory audit fees, management reporting expenses, and tax and compliance costs.

LER can also:

• Lessen the organization’s risk profile and help it deal with new regulatory challenges by lowering the entity count
  
  
• Enable companies to rethink business operations and restructure supply chains, their IP portfolio and more
  
  
• Free up corporate resources for other important projects and targets