We have tremendous experience representing brokers, buyers, and sellers in the purchase or sale of illiquid or otherwise unique investments. For example, we have been involved in more Madoff-related transactions than any other law firm, including transactions involving over $2 billion of notional value of BLMIS customer claims and various feeder funds of BLMIS including Kingate, Luxalpha, Defender, Herald, Fairfield Sentry and Thybo. We have been instrumental in closing transactions that other law firms were unable to close through creative lawyering and the implementation of structures where our clients’ interests are fully protected. Our involvement in these transactions has been full service—not only do we paper the transactions but we also assist clients in assessing the opportunity and the legal risks associated therewith. We also represent clients if they need to assert bargained-for rights in a completed transaction, most recently representing the largest shareholder of Optimal SPV in a dispute with Banco Santander relating to the Madoff Victim Fund.
Outside of Madoff-related transactions, we have represented brokers, buyers, and sellers in the purchase or sale of investments in Stanford International Bank, Lehman, MFGlobal, Petters-related feeder funds such as Lancelot Investors Fund and Palm Beach Finance, and litigation funding vehicles generally. Oftentimes the transactions involve both U.S. and foreign legal regimes such as the U.K., Luxembourg, Bahamas, Cayman Islands, British Virgin Islands, and Antigua. In those instances we typically serve as lead counsel on the transaction and run point for the clients on the foreign legal issues with local counsel’s assistance.