Through ILN Member Gadens Lawyers, Fisher Jeffries Works Successfully with Clark Wilson

Our latest success story comes from Fisher Jeffries, a law firm affiliated with the ILN's Australian member, Gadens Lawyers, who enjoyed a fruitful referral relationship with the ILN's Clark Wilson LLP

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In August 2012, Fisher Jeffries, a South Australian law firm affiliated with the major Australian national firm Gadens Lawyers, received urgent instructions from two major Australian banks in relation to the provision of additional financial accommodation under an existing club facility agreement to a listed Australian corporate borrower group (Borrower Group).

The purpose of the additional financial accommodation was to enable the acquisition of all of the share capital in an existing Canadian company (Canadian Target) by the Borrower Group and, following completion of that acquisition, the amalgamation of the Canadian Target with the Borrower Group’s Canadian subsidiary (Canadian Subsidiary). Both the Canadian Target and the Canadian Subsidiary were incorporated in the Province of British Columbia, Canada. The additional financial accommodation was also proposed to be provided by the lenders in Canadian dollars.

 

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ILN Members in Sweden, Italy, Liechtenstein & Switzerland Collaborate

ILN members are working together all the time, and sometimes they pick their noses up from the grindstone to share one of their successes with me. Here's a story about an excellent collaboration among ILN firms in Sweden, Italy, Liechtenstein and Switzerland. 

In 2010, Thomas Ekenberg and Johan Sund of Ekenberg & Andersson Advokatbyra, Sweden, were retained by an Italian-American client requesting legal advice regarding an investment in Stockholm - namely, the purchase of an apartment and the opening of an art gallery. The origin of the client’s financial resources, which were necessary to proceed with the investment, consisted of an inheritance of considerable value – his portion amounted to around 80 million Euros worth of real estate and other assets - received from his mother in 2002, and originating from the client family’s prominent involvement in the Italian real estate business as far back as the 1930s.

The client claimed that he had been prevented from being fully aware of the majority of the information concerning the Italian patrimony, and from having any direct control of the interests of his assets. As a matter of fact, since his mother’s passing, the client’s interests had been deceitfully managed by his elder brother.

 

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