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Cox Hallett Wilkinson advises CIT Finance Investment Bank on the acquisition of Harbor Global Company Ltd.

November 2006

Cox Hallett Wilkinson ("CHW") has advised CIT Finance Investment Bank ("CIT"), a Russian independent investment bank, in relation to the $65 million acquisition of Harbor Global Company Ltd. ("Harbour Global"), a Bermuda limited duration company.

The CHW team, comprising Ernest Morrison and Jonathan Betts, advised on the acquisition, which was made by amalgamating a subsidiary of CIT with Harbor Global.

Clifford Chance LLP advised CIT on both the US and Russian aspects of the acquisition with Skadden, Arps, Slate, Meagher & Flom LLP (US counsel) and Conyers Dill & Pearman (Bermuda counsel) advising Harbor Global.

Ernest Morrison commented “We are very pleased to have assisted CIT and Clifford Chance in relation to this transaction. CHW has a long-standing professional relationship with Clifford Chance, London and it was a pleasure to work on this transaction alongside a number of their attorneys in the Moscow and New York offices.


For further information please contact:

Ernest Morrison on 001 441 294 1503 or email emorrison@chw.com; or
Jonathan Betts on 001 441 294 1544 or email jbetts@chw.com



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