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CMS Expert Guide to Cash Pooling

Cash pooling arrangements & agreements - 2022 update

We are pleased to present an updated and extended version of CMS Expert Guide to Cash Pooling.

Cash pooling enables corporate groups to minimise expenditure incurred in connection with banking facilities through economies of scale. Cash pooling agreements must be carefully structured in order to minimise the risks of civil or criminal liability of the participating group companies and their officers, and also take into account the tax issues.

Especially in difficult economic times like we are experiencing now, with a multitude of risks (raw material prices, disrupted supply chains, to name but a few), the importance of efficient cash management is growing. We see increasing demand on expertise on cash pooling.

In this context, this guide provides an overview of the risks of civil and/or criminal liability associated with cash pooling in multiple jurisdictions in which CMS is represented and discusses the various means by which such liability may be avoided.

Please do get in touch if you have any questions you would like to discuss with our team.

Fill in the form below to access the CMS Expert Guide to Cash Pooling

Key contacts

Louise Wallace
Partner
Head of the CMS Corporate/M&A Group
London
T +44 20 7367 2181
Dr. Malte Bruhns, LL.M. (The University of Edinburgh)
Partner
Rechtsanwalt | Co-Head of the CMS Corporate/M&A Group
Cologne
T +49 221 7716 355
Dr. Alexandra Schluck-Amend
Partner
Rechtsanwältin | Fachanwältin für Insolvenz- und Sanierungsrecht (Certified lawyer for insolvency and reorganisation law) | Head of Restructuring and Insolvency, CMS Germany
Stuttgart
T +49 711 9764 278