Miami, FL. - Bilzin Sumberg Baena Price & Axelrod LLP, led by Corporate & Securities partner Alan D. Axelrod, represented TradeStation Group, Inc. ("TradeStation") in its acquisition of IBFX Holdings, LLC, an innovative provider of forex trading services to 27,000 individual traders, fund managers and institutional clients worldwide. IBFX Holdings' U.S. operating subsidiary, Interbank FX, LLC, is reported to be the fourth largest U.S.-based retail forex firm.
As the company's legal counsel, Bilzin Sumberg advised TradeStation in the preparation and negotiation of the terms of the acquisition agreement and other related documents. The transaction closed on November 15, 2011.
Bilzin Sumberg's Corporate Practice Group is recognized routinely by Chambers USA, Best Lawyers in America, Martindale-Hubbell, Florida Trend's "Legal Elite," and Florida Super Lawyers, among others. This area of practice has grown significantly as strengthening foreign currencies, reduced real estate values, and other economic issues contribute to increased foreign investment opportunities.
About Bilzin Sumberg
Bilzin Sumberg Baena Price & Axelrod LLP is a commercial law firm with extensive experience in the areas of commercial finance, corporate and securities, environmental law, land use and government relations, litigation, real estate, restructuring and bankruptcy, tax and wealth transfer. For more information, please visit www.bilzin.com.