Deals & Suits
- 2008-11-07Creation of IGNIA Private Equity Latin-American Fund and first round of US$2 0. 5 Million in commitments
BLG's Fred Enns (Securities) and Charles Marquette (Tax) acted on behalf of IGNIA in the establishment of Ignia Fund I, LP and the subscription in the first round of USD 20.5 million in commitments. IGNIA Fund I, LP is a social venture capital fund that invests in high growth businesses in Mexico and other regions of Latin America. (...)

- 2008-11-07Inter-American Development Bank (IDB) and IGNIA Fund sign debt financing for US$25 million
On October 10, 2008, Ignia Fund completed a debt financing for USD $25 million with the Inter-American Development Bank. IGNIA Fund I, LP is a social venture capital fund that invests in "base of the pyramid" high growth businesses in Mexico and other regions of Latin America. (...)

- 2008-11-04B.C. Court applies Danier Leather to find FOFI misrepresentations established in Condo Hotel investment litigation.
In litigation arising out of the pre-sale of strata units for the Westin Grand hotel in Vancouver, the plaintiff investors have been successful in establishing that misrepresentations were made in connection with the presentation of future oriented financial information in the Disclosure Statement issued for marketing purposes.(...)







