Matheson Advising Weatherford On Its Corporate Re-Domiciliation From Switzerland To Ireland

Profession:Matheson
 
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Matheson is advising Weatherford International Ltd. on the Irish legal and tax aspects of its corporate re-domiciliation from Switzerland to Ireland, which was announced on 2 April 2014. Weatherford is one of the world's largest multinational oilfield service companies with a market capitalisation of approximately US$13.1 billion.

The re-domiciliation, which is subject to shareholder approval, involves merging the current Swiss parent company of the Weatherford group into a newly formed Irish company. As a result of the merger, the Irish company will become the publically-traded parent of the group with its shares being listed on the NYSE.

The Matheson team advising on the re-domiciliation is being led by tax partner Joseph Duffy, corporate partners Pat English and Fergus Bolster as well as John Ryan, the head of Matheson's US offices. This continues Matheson's track...

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