Secure the payment of the price and the completion of your transactions.
The price is held in escrow on a CARPA account, under the responsibility of Maître Martin Estanove, lawyer, and is released only once the conditions precedent agreed between the parties are met.
- CARPA accountFunds ring-fenced with the French bar’s fund-handling body.
- A lawyerA trusted third party bound by strict professional ethics.
- KYC & AML/CFTIdentity of the parties and source of funds verified.
- TraceabilityEvery step time-stamped, from receipt to release.
From the agreement to the release of funds, in four stages
Every escrow follows the same path, overseen by a lawyer and secured by a CARPA account. At no point can the funds be moved at the will of a single party.
- 1The agreement
First discussion & escrow agreement
You present the transaction to the firm. The escrow agreement is provided by your advisers or drafted by the firm: it sets the amount, the term and the conditions precedent for release.
- 2The parties
Identification of the parties, bank details & KYC
The depositing party and the beneficiary are identified and their bank details collected. KYC and AML/CFT checks cover the identity of the parties and the source of funds.
- 3The funds
Funds held on a CARPA account
The funds are received and held on the lawyer’s CARPA account, dedicated to your matter for a defined period. Neither party can dispose of them unilaterally.
- 4Completion
Release upon conditions
The funds are released to the beneficiary as soon as the agreed conditions precedent are met, on the exact terms of the agreement.
A single point of contact, from the signing of the agreement to the final transfer.
How it works in detailA conventional escrow for every sensitive transaction
Payment via a trusted third party, for any transaction in which payment of the price must be guaranteed: the price is held by a lawyer and released only once the conditions set by the parties are met.
M&A
Escrow of the purchase price, earn-outs and representations & warranties.
Financing
Securing funds in financing and debt-raising transactions.
Private equity
Holding funds on the entry and exit of investors.
Sale of a business
Escrow of the sale price during the creditors’ opposition period.
Sale of assets
Tangible or intangible assets: securities, patents, trademarks, rights, isolated assets, artworks.
Real estate share deals
Transfers of shares in property-holding companies: SCI, SCCV and other structures.
Security interests
Autonomous guarantees, first-demand guarantees, cash collateral.
Settlement agreements
Escrow of the sums agreed under a settlement ending a dispute.
Yacht
Escrow of the purchase price of a yacht until the survey, the release of marine mortgages and the transfer of flag.
Classic car & Luxury car
Escrow of the price until the car’s authenticity, history and administrative status are verified and it is handed over with its papers.
Artwork
Escrow of the price until the work’s authenticity and provenance are verified and it is delivered.
Other escrows
Any other situation calling for a trusted third party to hold funds until agreed conditions are met.
The price is released only once the agreed conditions precedent are met.Escrow agreement · Fidens
The rigour of a lawyer, the safety of a CARPA account
Entrusting the escrow of the price to a lawyer offers an ethical and financial framework that only a legally authorised third party can guarantee: payment is secured until the agreed conditions are met.
- Secured payment of the priceThe price is held by a lawyer, a trusted third party bound by strict professional ethics, and released only on the agreed conditions.
- Dedicated CARPA accountFunds held through the CARPA, the French bar’s fund-handling body, in complete safety.
- ConfidentialityData handled in line with the GDPR; sensitive information encrypted and ring-fenced.
- TraceabilityEvery step of the matter is time-stamped and documented, from receipt to release of the funds.
Let’s discuss your transaction
A first confidential conversation to consider an escrow suited to your situation.