The ECh&W Law Firm provides comprehensive legal counselling for FRS and MARS Funds
The ECh&W Law Firm provided legal services for FRS Fund [PL: Fundusz Rozwoju Spółek S.A.] and for MARS Closed-End Investment Fund [PL: MARS Fundusz Inwestycyjny Zamknięty] during the process of stocks and shares swapping between the mentioned entities.
As a result of the foregoing transaction FRS Fund took over shares of Stocznia Szczecińska as well as stocks of Morska Stocznia Remontowa Gryfia S.A.. On the other hand, MARS Fund took over shares of Gryf Nieruchomości Słupskie. The total value of these transactions was PLN 213,000,000.
The agreement of shares and stocks swapping was signed by FRS and MARS on19th December 2018 but the closing of the agreement will be effective after all the conditions, approved by both parties, will be satisfied.
The ECh&W Law Firm provided comprehensive legal services within the field of transactions, including working at the transaction’s framework, participating in negotiations as well as preparing and signing transaction documents.
The transaction was conducted by the ECh&W Law Firm’s team of lawyers, including: Krzysztof Wąsowski (PhD, attorney, partner), Małgorzata Cur (attorney, partner), Paweł Cyganik (attorney), Fabian Elżanowski (PhD) and Joanna Zigoura-Tomaszewska (trainee attorney-at-law).