Charity merger

We advised Deafness Research UK on its merger with Action on Hearing Loss.

We advised the Chief Executive and the Board of Trustees on the options for structuring the merger and helped the client to identify their core requirements which should be protected in a merger.  We negotiated the merger agreement to include a structure to reassure the trustees of Deafness Research UK so that:

• post-merger Deafness Research UK continued in existence as a subsidiary of Action on Hearing Loss with bespoke Articles
• contractual commitments were obtained as to future funding programmes of Action on Hearing Loss so as to preserve the aims and mission of Deafness Research UK