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Asset Sale: Seller's Counsel

Katten Represents IMF Bentham in $57 Million Portfolio Sale

12 Feb 2018

Katten represented IMF Bentham Ltd, an international litigation funding company, in the sale of the majority of its US investment portfolio to Bentham IMF Fund 1 LLC for $57.4 million. This transaction should serve to bolster the fund's investment portfolio while reducing risk and converting assets to cash for IMF Bentham. The fund was announced last year as a special purpose vehicle funded in part by Fortress Credit Advisors LLC. The Katten team featured Allison Yacker, New York Financial Services co-chair, and Rong Zhao, an associate in the firm's Chicago office.

Dentons advises Cromwell Property Group on the sale of Warsaw Corporate Center

09 Feb 2018

Dentons' Real Estate team in Warsaw has advised Cromwell Property Group on the sale of the Warsaw Corporate Center office building to Raiffeisen Immobilien Kapitalanlage-Gesellschaft.

Developed in 1997, the Warsaw Corporate Center is a prominent, nine-storey office building offering over 8,600 sq.m. of leasable space. It is conveniently located in Warsaw major communication hub, in the immediate vicinity of Warsaw Central Railway Station and Centrum metro station.

Dentons advises Cromwell Property Group on the sale of Warsaw Corporate Center

08 Feb 2018

Dentons' Real Estate team in Warsaw has advised Cromwell Property Group on the sale of the Warsaw Corporate Center office building to Raiffeisen Immobilien Kapitalanlage-Gesellschaft.

Developed in 1997, the Warsaw Corporate Center is a prominent, nine-storey office building offering over 8,600 sq.m. of leasable space. It is conveniently located in Warsaw major communication hub, in the immediate vicinity of Warsaw Central Railway Station and Centrum metro station.

Katten Represents IMF Bentham in $57 Million Portfolio Sale

08 Feb 2018

Katten represented IMF Bentham Ltd, an international litigation funding company, in the sale of the majority of its US investment portfolio to Bentham IMF Fund 1 LLC for $57.4 million. This transaction should serve to bolster the fund's investment portfolio while reducing risk and converting assets to cash for IMF Bentham. The fund was announced last year as a special purpose vehicle funded in part by Fortress Credit Advisors LLC. The Katten team featured Allison Yacker, New York Financial Services co-chair, and Rong Zhao, an associate in the firm's Chicago office.

Greenberg Traurig Germany advises on the sale of the Rhein-Ruhr Zentrum

07 Feb 2018

Greenberg Traurig Germany advised GUSTAV RRZ N-3 GmbH & Co. KG, a joint venture of several investors, on the sale of the Rhein-Ruhr Zentrum (RRZ) in Mülheim an der Ruhr, Germany. The property was sold by way of a combined share and asset deal. The parties have agreed to keep the purchase price confidential.

The RRZ comprises approximately 75,000 square meters of retail space and houses around 200 retail units as well as a large food court, a CinemaxX cinema, a bowling and entertainment center, a casino and the indoor playground "Euro Eddy's Kinderwelt".

Charles Russell Speechlys advises on prestigious Chancery Lane office sale

07 Feb 2018

Charles Russell Speechlys has advised a private investor on its disposal of 5 Chancery Lane, London. The property was exchanged for a consideration of £76 million.

The property comprises over 80,000 sq ft of office and ancillary accommodation which is fully let to law firm Lewis Silkin on a lease expiring in March 2023.

Advising the Rio Tinto mining group on the sale of its Dunkirk plant to GFG Alliance

07 Feb 2018

We advised the Anglo-Australian mining group Rio Tinto on the sale to GFG Alliance of its Dunkirk plant, Europe's largest aluminum smelter with an annual capacity of 280,000 tons, 570 employees and an annual turnover of approximately €500 million.

The purchaser is the Gupta Family Group (GFG Alliance) managed by the Anglo-Indian billionaire Sanjeev Gupta.

Charles Russell Speechlys advises on prestigious Chancery Lane office sale

07 Feb 2018

Charles Russell Speechlys has advised a private investor on its disposal of 5 Chancery Lane, London. The property was exchanged for a consideration of £76 million.

The property comprises over 80,000 sq ft of office and ancillary accommodation which is fully let to law firm Lewis Silkin on a lease expiring in March 2023.