In recent years, many multi-industrials have spun off parts of their portfolios. The decision to undertake a spinoff is a significant strategic decision by a board of directors, and each step of the process is an intensely law-driven activity.
For in-house counsel, a transaction of this scale is uniquely challenging and provides a rare and exciting opportunity to exercise significant leadership and organizational capabilities, including team building, project management and organizational design, as well as sophisticated and diverse legal capabilities.
