Legal Areas

Escrow Agent Services

As business transactions become increasingly complex, contracting parties are more often requesting the involvement of an escrow agent to secure contractual conditions. The escrow agent holds funds in escrow on the basis of an escrow agreement until the transaction is successfully completed or other conditions are satisfied. Escrow accounts can be set up to hold back part or the entire purchase price in order to cover certain representations and warranties or closing conditions. As a independent trustee we provide individual escrow agreements especially adapted to the transaction in question to the contracting parties who are represented by other lawfirms. Furthermore we are acting as a restructuring trustee for shareholders and banks in restructuring cases.