Bedell Cristin has acted as British Virgin Islands counsel to Gopher Investments, which has acquired Finalto, the financial trading division of Playtech, for $250m.
The law firm supported instructing counsel White & Case on the offshore aspects of the deal, which involved multiple international jurisdictions.
Gopher Investments, an investment vehicle backed by investors with experience in gaming and financials, is an affiliate of TT Bond Partners, through its Hong Kong regulated entity TTB Partners.
Leading Bedell Cristin’s team was Singapore-based Partner Kristian Wilson, assisted by Jersey-based Associate Philip Kendall.
They advised on the complex offshore regulatory aspects relating to the deal, including obtaining the necessary regulatory approval in the BVI.
The firm also advised on related matters in respect of due diligence, corporate law, IP and property requests, working alongside White & Case as the deal progressed.