Carey Olsen has been advising Jersey-based Delek Global Real Estate plc on the incorporation, acquisition and operation of a vehicle to acquire the multinational property structure underlying a formerly listed property fund to enable all of the underlying entities (circa 120 in eight jurisdictions) to have all remaining assets wound up and dissolved.
This is the first time that such an innovative solution has been put in place to assist in the winding up and dissolution of underlying multinational structures including all of their corporate entities.