ZAI and Hastings Funds Management have been advised by US law firm Venable LLP on the deal.
ZAH is a strategic alliance of strategic relationship between ZAI and Hastings Funds Management (USA), aimed at creating value for public and private project partners.
Venable LLP acted as legal adviser to ZAI
and Hastings Funds Management.
According to court documents, the Zais and nine business enterprises they owned, received several share-secured loans from the credit union from June 9, 2009 until the liquidation date.