The recent use of the Trust or Fideicomiso as a business structure has provided
a legal frame for different types of transactions that had so far
been excluded from the traditional legal structures, and therefore
did not offer proper legal safety and transparency to the parties involved.
Trusts have successfully been used to guarantee different types of Project Finance
Transactions, such as the building of highways and other large infrastructure
public works, commercial centers, power plants, etc. Moreover, trusts
are currently used in such operations as: i): Restructuring of Liabilities
ii) Performance of Financial Obligations, iii) Lending system or
extension of credit limits by suppliers or distribution networks,
iv) Sindication of creditors of a Bank´s client and rool-over
of their liabilities, v) Mergers and Acquisitions: escrow accounts.
Finally, many real estate projects, such as the development of residential
complexes, country clubs and office buildings, could be accomplished
thanks to the possibility to isolate the assets contributed for
such projects in a Trust. The Trust structure provided security
to the investors ,and consequently, confidence in the project.
Vitale, Manoff & Feilbogens professionals are trained to provide clients
with sound advice on the most efficient use of Trust instruments
to reach the desired business objectives.
With a vast experience in this field, and a practical approach for providing
solutions to complex business structures, Firm work teams have tailored
guaranty trusts, investment trusts and administration trusts for
a variety of business, satisfying the specific needs of clients.