An international property investment funds wishing to acquire a logistic asset in the North of Italy. Both the buyer and the seller are property investment funds, with similar needs and both want a W&I to cover rather than demanding indemnification from, ultimately, the final investors.

The lawyers who assisted the buyer in the DD process are different from the ones used for the transaction. This situation created some uncertainty and lack of information.

Icen Risk is familiar with situations like this, but having a stronger, in-house team who comprise different expertise in legal, tax and accounting, Icen Risk helped the client/buyer in collating the missing information and tailoring the UW process on the basis of the specific needs of the client.