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Escrow Agent Services
Discuss requirements with escrow parties and legal counsel
Review and execute the escrow agreement
Receive and reconcile escrow funds
Maintain escrow funds in an interest-bearing Canadian chartered bank
Open, maintain, and reconcile a segregated escrow account
Calculate interest daily and credit interest monthly to the escrow account
Process releases in accordance with the terms of the escrow agreement
Provide parties with escrow account statements
Respond to inquiries
Perform required tax filing and reporting
As a cash escrow agent, Laurel Hill will…
As a share escrow agent, Laurel Hill will…
Discuss requirements with escrow parties and legal counsel
Review and execute the escrow agreement
Receive and reconcile certificates representing escrow shares
Custody escrow shares in secure facilities
Open, maintain, and reconcile a segregated escrow account
Facilitate permitted transfers and M&A tenders within escrow
Process releases in accordance with the terms of the escrow agreement
Provide parties with escrow account statements
Respond to inquiries