Mr. Wilson's extensive experience before joining Davis Polk includes advising the Royal Bank of Scotland Group on the $ 71 billion consortium takeover of ABN AMRO and subsequent integration work, its # 12 billion rights issue, # 15 billion open offer and # 25.5 billion share issue to H.M. Treasury, its terms of accession to the U.K. Government's # 282 billion Asset Protection Scheme and various aspects of
its subsequent asset disposal program.
Not exact matches
Slater also popularized the technique known as «
asset stripping,» referring to the acquisition and
subsequent disposal of company
assets, a practice that many viewed as unnecessarily or overly harsh in terms of costs to company employees.
This view was confirmed in the
subsequent case of Bevan & Bevan (2013) FLC 93 - 545 in which it was agreed that «notional property» which is sometimes «added back» to a list of
assets, to account for the unilateral
disposal of
assets, is unlikely to constitute «property of the parties to the marriage or either of them».