Pinel Advocates advised on the first and only merger between a US and a Jersey company under the Companies (Jersey) Law 1991.
Enhanced merger legislation was recently adopted and there have only been a handful of mergers between Jersey and foreign-based companies.
The team, headed by David Yetman dealt with all aspects of the merger, leading New York counsel in the process and assisted in the formation of new procedures for such mergers in future.
Andrew Pinel, Partner, commented “We’re delighted to be leading the way with this transaction and we look forward to breaking new ground in other areas. The success of the firm and its lawyers in winning exciting mandates such as this one is testament to their hardwork and dedication.”