Coordinating the contributions of finance professionals and legal advisors fosters our ability to optimize our legal solutions.
Driven by a desire to understand the entirety of its clients’needs, STANCE not only permanently stays aware of new financial and legal practices adopted by corporate finance professionals, but also seeks their complementary expertise to deal with the most complex business cases.
Working closely with an investment bank, we advised an entrepreneur who wanted to sell the business he had created but who also had second thoughts about the sale – while he longed to develop other professional projects. When he finally reached his decision to go ahead, we comforted him and provided the explanations he needed about his commitments (especially in terms of representations and warranties).
A client who acquired successive stakes in a business, the price of which was determined by a financial formula, needed legal assistance during an ad hoc national litigation procedure consecutive to this formula. We worked closely with a very reputed audit firm because the litigation was based on the interpretation of complex accounting rules (depreciation in particular).
Our client had ended a Polish joint venture by selling his majority stake to his partner for a nominal value, but he omitted to formally cancel the previous agreements between the shareholders. His former partner then pretended he could exercise a put option on his former minority interest at a price far from its economic value. His claim was supported by an expertise delivered by a large audit firm. During the ensuing arbitration in Poland, we worked closely with the forensic department of a renowned audit firm and successfully disputed every item of the so called expertise.