The European Life Settlement Association (ELSA) announces this week that its Membership Committee has approved the membership application of Arthur Cox.

Arthur Cox is one of Ireland’s leading law firms. For over 90 years, it has been at the forefront of developments in the legal profession in Ireland. An international firm encompassing all aspects of corporate and business law, the firm has 350 lawyers and a total staff of almost 700 in offices in Dublin, Belfast, London, New York and Silicon Valley.
The firm provides a comprehensive service to a diverse international and domestic client base. Clients include multinational organisations, banks and financial institutions, government departments, State entities and new players in emerging industry sectors.

In both 2015 and 2014, Arthur Cox was named Ireland Law Firm of the Year at the IFLR Europe Awards, Ireland Law Firm of the Year by Who’s Who Legal and Best Firm in Ireland at the Europe Women in Business Law Awards. In 2014, the firm was named Mergermarket M&A Legal Adviser of the Year for Ireland and received the Client Service Award for Ireland at the Chambers Europe Awards for Excellence.

Founded in 2009, ELSA represents European funding sources, service providers and intermediaries in the life settlement market who are looking to promote transparency by providing accurate and authoritative information to investors, regulators and the media. The association’s focus is on the promotion of best practices and the positive development of the European life settlement industry’s reputation amongst all stakeholders.

Simon Erritt, ELSA Chair, said “On behalf of its staff and all its members, a very warm welcome to the association! It is great to have a company of Arthur Cox’s standing and reputation as a new member and we really appreciate your support.”

Ailish Finnerty, Arthur Cox’s Tax Partner, commented “Arthur Cox is very pleased to become a member of ELSA. We have advised a wide variety of stakeholders in life settlements transactions taking place in Ireland over a number of years. We view our becoming members of ELSA as an excellent way to complement our practice in this area.”

ELSA members must comply with the association’s Code of Practice which is a comprehensive framework that ensures the highest professional and ethical standards within the industry and protection of the interests of investors in the asset class.