Inversions, Corporate Migrations and Demergers/Spin-Offs

We have consistently led the way in inversions and migrations of group holding companies and/or tax residence to Ireland. We have also acted over the last number of years in relation to various spin-offs by NYSE/NASDAQ listed companies to form new listed companies.

Arthur Cox provides “top class service.”

– The Legal 500: Europe, Middle East & Africa, 2017 

We are always innovating and coming up with new ways for our clients to achieve their commercial objectives. In the last number of years we have advised on:

  • the first US/EU-listed Irish company (Linde plc)
  • the first UK inversion to Ireland (Experian)
  • the first US publicly traded company moving to Ireland (Covidien)
  • the first cross border merger involving an Irish company (the merger of Sachsen LB Europe plc in Ireland into a member of the Landesbank Baden-Wurttemberg group in Germany)
  • the first migration to Ireland using a Societas Europaea (James Hardie Industries)
  • the first inversion by way of merger to Ireland (Alkermes)
  • the first inversion to Ireland by way of merger not involving an Irish target (Paladin Labs – Endo Health Solutions)
  • the first inversion from Switzerland to Ireland (Pentair)

We have advised:

  • Cooper Industries, Covidien, Global Indemnity, Ingersoll-Rand, Seagate, TBS Shipping, Warner Chilcott and Willis on their inversions to Ireland by incorporation of a new Irish holding company
  • Johnson Controls International on the spin-off of Adient into a separately listed company
  • Tyco on its $19 billion corporate migration from Switzerland to Ireland
  • Covidien on its merger with Medtronic resulting in in a new Irish group holding company listed on the NYSE
  • Covidien on the $2.4 billion demerger of its pharmaceuticals business to Mallinckrodt, an Irish incorporated, NYSE listed, company
  • Actavis on its merger with Allergan
  • Warner Chilcott on its merger with Actavis, resulting in in a new Irish group holding company listed on the NYSE
  • Ingersoll-Rand on the demerger of its residential security technology business to Allegion, an Irish incorporated, NYSE listed, company
  • Cooper Industries on its acquisition by Eaton Corporation, which resulted in Eaton’s inversion to Ireland
  • NTR’s €219 million return of capital and demerger of its wind business
  • James Hardie on the migration of its corporate and tax residency to Ireland by way of an innovative Societas Europaea structure
  • Alkermes on its merger with the drug delivery business of Elan Corporation resulting in a new Irish group holding company listed on NASDAQ
  • Pentair on its migration of its holding company from Switzerland to Ireland