Our suite of Escrow Services include but are not limited to,
escrow structures for mergers & acquisitions,
regulatory/litigation, payments and raising capital. Escrow refers
to funds or assets collected, held and disbursed by a neutral
trusted third party (the "Escrow Agent") upon fulfillment of
certain conditions as established in a written agreement between
the parties to a transaction and the escrow agent (the "Escrow
Agreement").
Generally, the Escrow Agent holds funds on a blocked bank
account (the "Escrow Account") to mitigate risks for critical
transactions. The parties to the Escrow Agreement can be sure that
the assets are transferred into the escrow account and that the
assets will only be released as agreed and specified in the Escrow
Agreement.
Escrows are affordable solutions in comparison to credit letters
or bank references. A special purpose vehicle set up and
managed by Orangefield is used to act as Escrow Agent.