J.J. Barnicke and Insignia/ESG Negotiate Services Agreement

On November 11, 2002, J.J. Barnicke Limited and Insignia/ESG, Inc., a subsidiary of Insignia Financial Group, Inc., announced the negotiation of a shared services agreement. J.J. Barnicke is one of the largest providers of commercial real estate services in Canada, and Insignia/ESG is the largest U.S. commercial real estate services provider. Under the agreement J.J. Barnicke will have access to the U.S. and international commercial real estate markets serviced by Insignia/ESG and will act as Insignia/ESG’s exclusive presence in Canada.

J.J. Barnicke was represented by John Finley, Q.C., and Alan Dean of Gowling Lafleur Henderson LLP in Toronto, supported by Sam Ierullo and Stuart Ash (intellectual property). Insignia was represented by Bart Pisella of Nixon Peabody LLP in New York.