Tombstones
During the last year, the pensions advisory team at FRP Advisory worked on a number of assignments including:
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Air Conditioning Installation and Service£20m turnover business with legacy scheme liability – partial sale of business saving 140 out of 200 jobs
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Motor ComponentsMBO from US parent advising on clearance application and mitigation for scheme
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Refrigeration Contractor£70m T/O - 400 employees. Review of funding obligations and restructuring strategy
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CharityInsolvent restructure of the charity and disposal of charitable activities to a third party purchaser
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Entertainment CompanyClearance application for change of covenant re disposal of £50m of assets
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Quoted PlcAdvice to trustees on employer covenant re £80m refinance
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Multinational Engineering Group£40m turnover employer – advice to Trustees on moratorium for schedule of pension contributions
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Quoted PlcAdvice to Trustees on employer covenant re £150m multibank restructure

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