Cresco

News – Operational legal support

Belgian Government in transaction with the International Polar Foundation

Cresco assisted the Belgian Government in its negotiations with the International Polar Foundation ("IPF") on a global amicable settlement regarding a series of legal proceedings with respect to IPF's activities at the Princess Elisabeth Station in Antarctica.

In addition, Cresco negotiated a complex operational agreement to structure IPF’s future activities at the Princess Elisabeth Station.

Furthermore, Cresco advised the Belgian Government on the incorporation of an international non-profit association to manage the Station.

This transaction attracted widespread media attention. More information can be found here:

De Redactie

De Morgen

De Tijd

De Tijd

La Libre

Flanders Today

International Polar Foundation

Filip De Schouwer, Tessa Gijbels and Pauline Devos constituted the deal team for this transaction.

For any further information or questions, please contact Filip De Schouwer or Tessa Gijbels.

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