Legal and Tax Advice regarding Investment in Amazon Fulfillment Center
2020.12.23.
Yulchon represented IGIS Asset Management (“IGIS”) in a transaction by which a private fund established by IGIS in Korea acquired the Amazon Fulfillment Center located in Albuquerque, NM through a special purpose company incorporated in the U.S. and obtained financing in the U.S. to procure the funds necessary to purchase the site.
Yulchon performed the legal review of the investment structure, reviewed the definitive agreements to be executed in the U.S. including the Construction Agency Agreement, the Purchase and Sale Agreement and the Lease Agreement. Yulchon additionally drafted and advised on various Korean agreements for the transaction, including the Trust Agreement and the Investment Agreement, as well as preparing the foreign direct investment report documents. Furthermore, Yulchon also performed tax advisory services by reviewing complicated tax issues surrounding the transaction.
.JPG)
.JPEG)
