Cross Border and International Transactions
Parslows cross border and international transactions team has extensive experience in leading and advising on a variety of M&A and other cross border and international transactions.
We can call upon English and Jersey law specialists providing smart, flexible, high-quality M&A and cross-border legal services. We are adept at handling Jersey and or England and Wales cross-border and international transactions and are used to working closely with overseas professionals to provide the best advice and service to our clients.
Our team members have successfully advised on M&A and other commercial transactions in many other parts of the world including Australia, China, Dubai, much of the EU, Guernsey, Hong Kong, Kazakhstan, USA, Russia and Singapore.
What do you mean by cross border transactions?
A cross border transaction is essentially any transfer of property, goods or services between individuals or business entities who reside in different jurisdictions. The transaction itself may be straightforward such as sourcing razor blades from China for sale in Jersey or as complex as joint venture trading structures in various jurisdictions.
Why is a legal opinion used in cross border transactions?
A legal opinion is issued by a law firm expressing legal conclusions and/or analysis of a specific transaction. The recipient of the opinion will then rely on its contents as a basis for entering into a specific transaction.
Legal opinions are commonly requested where a cross-border transaction has a Jersey element to it. These can be on a wide range of issues ranging from standard corporate capacity opinions to opinions on specific areas of corporate law and practice.
What is the purpose of a legal opinion?
A legal opinion:
- informs the recipient of the legal effect of entering into the proposed transaction
- identifies legal risks and issues that the recipient should address as part of the transaction
- confirms a party’s ability to enter into and perform its obligations under the transaction
Our business team regularly provides legal opinions on matters of Jersey law to banks and other corporate lenders, financial institutions and transaction parties.
Over the years, we have developed relationships with several trusted and like-minded overseas legal counsel and tax advisors with whom we regularly engage with on our international transactions.