We act as trustee for a diverse clientele. If you need a trustee to oversee a foundation, supervise a trust fund, manage an automobile warranty program, or any other fiduciary role, our experienced team is there for you.
Our services include transactions that require the retention of sums for adjusting the sale price or for compensation, and for the consignment of sums in dispute due to a creditor’s refusal to receive payment. In these situations, we act as escrow agent and hold cash or other assets, pending the occurrence of contractually predefined events or specific instructions.
Many situations require property to be maintained by an impartial and disinterested third party. This is particularly the case with source code for software owned by small firms, which is essential to the operations of licensees. If the software owner goes out of business or goes bankrupt, having a copy of the source code retained by a custodian such as Eterna allows the licensee to use the software and continue to operate its business.
We can act on any mandate that requires a trustee or other administrator of the property of others. We provide customized solutions for the distinctive requirements of our clients in specialized and complex markets. Our multidisciplinary team is dedicated to working with you to find the right solution.