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.