Amar Adatia is a Birmingham-based director who advises on company law, with a particular focus on group restructurings and mergers and acquisitions.
Amar assists clients who are looking to restructure by helping them to understand, from a legal and corporate governance perspective, what options are available to them. He also helps to devise solutions that best meet their needs. He uses his deep knowledge of the mechanisms of a restructure, the legal process and appropriate timescales to help his clients stay in control, minimise their risk and maximise their reward.
From a transactional perspective, clients benefit from Amar's ability to pinpoint what the interested parties are looking to achieve and facilitate efficient and amicable negotiations.
When dealing with all the above, Amar is acutely aware of the importance of timelines and has extensive experience in project managing complicated restructurings and acquisitions, often across multiple jurisdictions, to meet deadlines.
Amar has a broad range of experience working with a diverse range of people both internally and externally. While working on a major deal or acquisition he typically works alongside the in-house legal team, board members and CFO's. With a restructuring Amar works far more closely with the accountants (internal to the client and external).
A typical day doesn't really exist due to the varied nature of the work Amar undertakes. One day he could be drafting acquisition documentation and fielding questions from the trainees and juniors working alongside him on the deal. Another day could be reviewing process plans for a restructuring and having multi-jurisdictional conference calls to ensure we are 'on track' for our client.
Amar worked with a major US client on the acquisition of a group of companies based in the UK and US, but with subsidiaries in Europe. It was a large deal and a major strategic acquisition for our client, but was particularly interesting due to the international aspects (which we were project managing). The various time zones involved meant Amar was progressing the transaction on a 24 hour schedule - working a 9-5 day in the UK meant we would effectively miss a day in which to move the deal forward! A unique experience!
Assisting a client who went through a major restructuring in another jurisdiction to set up their ongoing UK company structure (which also covered their presence in Luxembourg and the Isle of Man). This involved putting funding in place around the group, drafting the relevant documentation and creating new entities, to form part of the structure, in a number of jurisdictions. It was a massive project on a very ambitious timeline, meaning lots of "paper churning" and a large project management aspect from our side, making it all the more rewarding to see to completion.
Amar advised a Finnish company on their acquisition of a group of UK companies. It was an important move for his client, which was trying to strengthen its UK presence. There were numerous days of negotiation, which meant it was great to finally see the client get the outcome they had been looking for.
Large multi-jurisdictional corporate groups (both public and private companies), social housing providers, local authorities and not-for-profit organisations.
Helping with complex international restructurings of groups of companies with a focus on enhancing internal efficiencies (including project managing numerous advisers in multiple jurisdictions).
Advising on a multi-jurisdictional acquisition for a US client, where they acquired a group of companies based in the UK and US with subsidiaries in Europe and Asia.
Working with a client to set up their UK company structure (which included their presence in Luxembourg and the Isle of Man) after a significant group restructuring in another jurisdiction.
Advising a Finish client on their acquisition of a group of UK companies.
Advising local authorities and not-for-profit organisations on internal restructurings, including the transfer of business and assets and/or setting up new structures in preparation for future sales.
Assisting one of the largest registered housing providers in the country on a regular basis on a variety of matters, ranging from general corporate governance and board members' duties to acquisitions and internal restructurings.
Advising on acquisitions of care homes, ensuring compliance with very sector-specific legislation (including regulatory aspects).