On the 1st of November 2019 Republic Bank announced the acquisition of the activities of Nova Scotia Bank, after all required approvals and regulatory approvals were obtained.
This acquisition covers all activities of Nova Scotia Bank in seven Caribbean jurisdictions, including St. Maarten.
VANEPS acted as legal advisor for Republic Bank in this acquisition. The core team comprised of Randolph van Eps, Diek Fabius, Focco Lunsingh Scheurleer, Michiel Gorsira and Vin Soeltaansingh. BZSE and Oster and Hoskin & Harcourt LLP acted as legal advisor for Nova Scotia Bank.
For more information about this acquisition we refer to the news article of the Daily Herald.