Aequo has advised American investment company Allrise Capital Inc. on the acquisition of the stadium ‘Chornomorets’, located in the city of Odesa, owned by Imeksbank. The auction on sale was arranged by the Deposit Guarantee Fund.
Our team provided the client with a set of legal services, comprising: legal due diligence of the real estate property; drafting and negotiating the transaction documents; representing the client in negotiations with Imeksbank regarding the terms of the sale and purchase agreement and its signing; and advising on litigation matters.
Yulia Kyrpa, Aequo partner, says: “We are delighted with Allrise Capital‘s successful completion of the acquisition of such a unique asset. After numerous attempts, stadium ‘Chornomorets’ has finally found an owner who understands the social importance of the facility and who plans to develop it in line with its intended purpose.’’