Jaspan Schlesinger LLP, led by partner Robert Londin, acted as lead counsel to the Seller in connection with the recent negotiation and execution of a definitive agreement to acquire Global Liberty Insurance Company of New York, along with its affiliated underwriting and premium finance companies, by Atlas Financial Holdings for approximately $25 million.
Global Liberty Insurance Company of New York and its affiliates are known as a leading provider of insurance for the public auto industry.
The primary business of Atlas Financial Holdings is commercial automobile insurance in the United States, with a niche market orientation and focus on insurance for the “light” commercial automobile sector including taxi cabs, non-emergency paratransit, limousine/livery and business auto.
Please click here for the press release regarding this transaction. Feel free to contact Robert Londin at rlondin@jaspanllp.com.