Global law firm, Morgan Lewis announced that it has advised Equities First Holdings LLC [EFH] on the acquisition of Meridian Equity Partners Limited.
EFH is a global leader in shareholder finance, specialising in securities based lending transactions to investors in need of prompt funding. The firm’s long-time strategic partners include the world’s largest custodian banks, major investment banks and leading international law firms. EFH has offices in London, Indianapolis, Hong Kong, Singapore, Bangkok, Sydney, and Perth.
Al Christy, Jr., President and Founder of EFH said, “2014 has been a year of consolidation and expansion for EFH. This acquisition is transformational for the firm and adds a further five offices to serve clients in Europe, Asia, Australia and the U.S., bringing the brand to a new, global level.”
The Equities First transaction is non-recourse and the borrower retains all of the upside market appreciation of the shares.
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
Lawyers from Morgan Lewis’s London office assisted with the transaction. The transaction was led by partner Chis Harrison with partner William Yonge providing regulatory advice, partner Iain Wright and associates Sergey Kvitkin and Vinay Varma the corporate advice with partner Kate Habershon and associate Katerina Heal providing tax advice.