KdV equations can be
described as Hamiltonian systems on the dual of the Virasoro algebra with the
canonical Lie-Poisson (also called Berezin-Kirillov-Kostant) bracket. In this paper we
give an explicit transverse structure for this Poisson manifold along a finite
dimensional submanifold. The structure is linearizable and equivalent to the
Lie-Poisson structure on sl(2,R)∗. This problem is closely related to the classification
of Hill’s equations.