The University group - managing subsidiary companies
Join us for a useful refresher on when and why subsidiary companies might be required and used, and how universities could and should manage relationships with them.
At: Webinar
Join us for a useful refresher on when and why subsidiary companies might be required and used, and how universities could and should manage relationships with them.
At: Webinar
With the breadth of university activity ever increasing - whether to expand reach, enhance knowledge sharing or to generate additional income, it is important that universities carefully consider how they structure their operations.
Most HE institutions have established trading subsidiaries and other special purpose companies and some larger institutions now operate quite complex group structures. The governing and resourcing of those companies is subject to a range of regulation including under company law and charity law.
In-house legal and executive teams often have a role in the structuring, administration and oversight of group companies and this session will provide a useful refresher on when and why subsidiary companies might be required and used, and how universities could and should manage relationships with them.
We'll touch on strategies for effectively governing subsidiary companies but the main focus of the session will be on some of the legal challenges in operating a group structure. The contribution of charitable assets and resources to commercial activities can throw up a range of issues which University boards need to be aware of and properly evaluate. The sharing of rights and information between group companies also needs to be managed carefully. We will also touch on other common issues such as VAT, subsidy control and regulator interests.
Who should attend this session?
University lawyers, management and other university personnel involved in establishing or overseeing university group companies.
Price: Free