The firm’s main practice areas are banking and finance, capital markets, construction, corporate/commercial, dispute resolution, energy and resources, Iraq practice, mergers and acquisitions/joint ventures, public-private partnerships and privatisation, projects, aviation finance, employment public policy and telecommunications.
Banking & Finance:
The firm advises its clients on all aspects of banking laws, regulations and supervisions, including underwriting and syndication of loans, secured commercial lending, commercial paper and finance for foreign trade, project and corporate finance, raising of equity and loan finance, handling trade documents and dealing in foreign exchange. The firm also has wide experience in banking litigation and related disputes. Throughout the years, the firm has acted on behalf of various major lending institutions in numerous multi-million transactions and syndicated loan agreements, involving the Government of Jordan and its various institutions. These include, the Ministry of Energy and Mineral Resources, Royal Jordanian Airlines, Water Authority of Jordan and the Ministry of Finance. In this regard, the firm has represented numerous international lending institutions such as the Islamic Development Bank, the European Investment Bank, the International Finance Corporation, European Bank For Reconstruction And Development, Citibank N.A., JP Morgan Chase Bank and many other renowned institutions. The firm advises the local branches of Citibank N.A., Capital Bank of Jordan, Arab Banking Corporation, Bank Audi, BLOM Bank and the Egyptian Arab Land Bank on day-to-day affairs and dealings that enable them to effectively advise on the structuring of transactions by employing a problem solving approach.
The firm is uniquely experienced in the securities laws and regulations in Jordan, and advises on a wide range of securities related transactions. It provides a full range of services for underwriters and issuers of securities, including public offerings of equity and investment-grade debt, both locally and internationally. In addition to advising local banks and financial institutions, the firm regularly advises various international financial institutions and brokerage firms on potential offerings of securities in the Jordanian market. In 1996 and 1997, the firm was commissioned by the Government of Jordan and the World Bank to assist in the drafting of the Jordanian Securities Law and related Companies Law amendments. The firm has recently taken part in the Eurobond issuances by the Government and represented the lead manager in all local aspects.
The firm advises companies across all industry sectors on general corporate matters, including tax, social security, employment and competition law, and assists both local and foreign companies in expanding their business in Jordan and overseas. The firm provides extensive contract drafting and negotiation assistance on a wide range of contract matters, and renders comprehensive corporate registration services whereby the firm registers, follows up, and liaises with the Ministry of Industry and Trade on behalf of its clients.
Energy & Resources:
The firm’s projects and major transactions section is highly experienced in the Jordanian energy and resources sector, particularly within the mining, oil and gas, and power and renewables projects. The firm advises international clients and financiers on various conventional oil and gas, renewables, oil shale and nuclear power generation projects.
Mergers & Acquisitions:
The firm advises on all aspects relating to M&A transactions, including transaction organisation, management and documentation, legal risk management, due diligence and warranties, regulatory issues, financing issues, environmental issues, and employment. Members of the firm have gained extensive experience in this field through structuring, negotiating and implementing various share and asset based mergers and acquisitions. The firm’s experience with large, complex, and cross-border transactions enables it to act quickly and effectively on complex multi-jurisdictional transactions.
Privatisation and public-private partnerships (PPPs) require expertise in a wide range of legal practice areas including corporate, commercial, capital markets, banking and finance, taxation and competition law. As a full service law firm, the firm has a high level of expertise in the areas necessary to bring a privatisation or PPP transaction to a successful conclusion. Jordan has embarked on a large-scale privatisation and PPP program and the firm has been directly involved in all aspects of this endeavour and has represented the Government of Jordan on several occasions.
Project Finance: T
he area of project finance is ideally suited to the firm’s strengths in complex and highly structured financial transactions, construction, and Government contracts. The firm advises all parties involved in projects across the range of industry sectors, including project sponsors, project companies, commercial lenders, development banks, international financial organisations, suppliers, purchasers, contractors, and government agencies.
Originally established as a litigation firm, the firm has the resources to handle complex litigation cases and has experience in a wide variety of claims and disputes including banking claims, general contractual and commercial disputes, insolvency, construction disputes, labour disputes, tax and customs disputes, and intellectual property disputes.
The firm provides a full range of legal services in Jordan, Palestine and the Arabian Gulf (through its associated offices in Ramallah and Bahrain) and internationally through its connections and associations in other parts of the world. The firm also established an Iraqi practice group in order to effectively counsel and advise foreign clients investing in opportunities across a broad range of economic sectors in Iraq.
The firm’s list of international clients is diverse and ranges from individuals to leading international corporations and financial institutions. Amongst the many international clients that the firm acts for are ABB, Abbott Laboratories, ACWA Power, AES, AMP Solar, Areva, BNP Paribas, Citigroup, Credit Agricole Indosuez, Credit Lyonnais, First Solar, General Electric, HSBC Bank USA, IFC, EBRD, JP Morgan Chase, Maersk, Merrill Lynch, Morgan Stanley, Pepsi, Philip Morris, Siemens, Toyota Motors Corporation and Visa International.