CROSS BORDER SALE
Astrea Attorneys at Law Ltd, the AIEL member law firm in Finland, were instructed to act in the sale of a Finnish based group with subsidiaries in a number of other jurisdictions.
The US buyer insisted that the sale and purchase documentation be subject to English law and to the jurisdiction of the English courts because its lead lawyers in Europe were in London.
William Sturges, the AIEL member law firm in the U.K., were instructed by Astrea to advise and assist on the English legal documentation and together the two AIEL members, Astrea and William Sturges, successfully negotiated and completed the disposal of this Finnish based group with a presence in several countries.