The deal was based on a Contract for the Provision of Talent Services under US law (Florida), between Ricky Martin Enterprises Inc. (“RME”, a Puerto Rican company) and cosmetic products company “Kumiko” (Kumiko Skincare LLC), as well on a Share Purchase Agreement and Shareholders´ Agreement. Our law firm participated in the due diligence process, the negotiation and drafting of the Share Purchase and Shareholders’ agreements, and the closing and post-closing matters. The work was led by Andrés Chirgwin, partner of our law firm, supported by senior associate Maria Paz Aguirre. Junior associates Josefina Avetikian and José Ignacio Gajardo assisted on deal matters.
RME was also advised by Benjamin Gould of Chicago-based firm Masuda, Funai, Eifert & Mitchell, Ltd., and Garret Glass, personal counsel to Ricky Martin. Chilean firm Alessandri Abogados represented counterparty Kumiko.
Source: Latin Lawyer