Brunoni Mottis & Associati Studio Legale SA (hereinafter “BMA”) assisted Banca dello Stato del Cantone Ticino (hereinafter “BancaStato”) providing all legal support in connection with the acquisition of a minority participation in the the companies Soave Asset Management Ltd, Lugano (SAM) and Londinium Ltd, Dublino.
In particular BMA, and namely the M&A and baking lawyers Davide MOTTIS and Morys CAVADINI, took care of several legal and contractual aspects related to the negotiation, finalization and closing of the relevant agreements entered into with the seller. The completion of the transaction, as stated by BancaStato, aims to jointly create a service plattform to serve as “home” for external asset managers in Ticino. This transaction complies with BancaStato’s strategy – with the goal also to strenghten the asset management activity – and supports BancaStato to more deeply fulfill its public mandate.
BMA provided all legal and notarial support in connection with the incorporation of the Fondazione del Centenario BancaStato (newly incorporated foundation of public interest), with the scope to support the economic development of the Canton Ticino facilitating an access to the venture capital in favour of new innovative entities planning to develop on cantonal territory.
In particular BMA, and namely Davide MOTTIS and Davor VADLJA, took care of notarial aspects for the incorporation as well as all regulatory related matters regarding the request of authorization to the competent supervisory authority.
The complex transaction included the capitalization of the newly incorporated Fondazione del Centenario by Banca dello Stato del Cantone Ticino as well as the finalization of all legal, contractual and tax aspects related to the take over, from the Fondazione Agire, of the participation in the Agire Invest SA (the name of which has been subsequently change into TiVenture SA), a company for which BMA has been serving as legal consultant in particular with the different M&A transaction of targeted start-up companies.
We are glad to inform that Morys Cavadini (Attorney-at-law and LL.M. International Business Law), Partner of BMA, has been appointed as teacher for the CAS (Certificate of Advanced Studies) in Compliance Management organized by the “Centro di Studi Bancari”, Vezia, together with the “Centre de Droit Bancaire et Financier” of the faculty of Law of the University of Geneva. The CAS is an academic continuing education in the field of the Compliance Management with an academic certificate recognized by the Swiss Financial Market.
Morys Cavadini is head of the banking & financial markets department by BMA. He specializes in all aspects of financial and banking law, and also represents financial intermediaries and their customers before Swiss courts and supervisory authorities. He is also active in arbitration.