Kinanis LLC has acted as legal advisor of a Cyprus company in connection with the restructuring of its share capital and its assets. More specifically, the shareholders of the Cyprus company entered into a Memorandum of Understanding pursuant to which it was agreed to convert the share capital of the company into new classes of shares with specific rights in respect to the distribution of dividends, to split the assets between the two shareholders by way of in-kind consideration to dividend distribution and to convert loans into non-refundable financial assistance. Our team has supported the client in providing legal advice with respect to the negotiation, the entering into and completion of the Memorandum of Understanding, the amendment of Articles of Association of the company, the drafting of documents in respect to the conversion of shares and dividend distribution and necessary filings with the Registrar of Companies in accordance with Cyprus laws and legal formalities.