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.

More information on the transaction can be found hereand here.

Filip De Schouwer and Tessa Gijbels led the Cresco team that advised the Belgian Government in these negotiations.

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