Legal Deals

Legal Deals

Morgan Lewis advises on first corporate Sukuk in Oman

Al Madina Investment has announced the arrangement of the first corporate Sukuk (Islamic bond) in Oman for Tilal Development Company (TDC). The Sukuk has an issue size of OMR50 million and is based on the Ijarah structure.  As an obligor in the structure, TDC has registered a special purpose vehicle...

Law firms advise on billion-dollar Novartis deal

According to The Lawyer, Allen & Overy (A&O), Osborne Clarke (OC) and Proskauer Rose have taken mandates advising on the USD1.7bn sale of Swiss pharmaceutical giant Novartis’ transfusion diagnostics unit to Spanish plasma therapies company Grifols. ...

KWM and Latham & Watkins advise Huishang Bank

  The Lawyer reported that King & Wood Mallesons and Latham & Watkins are among the firms that have landed roles in the USD1.1bn IPO of Huishang Bank, the third Chinese bank to go public in...

Ashurst advises on first solar energy project in Morocco

As Morocco begins to turn its focus to solar energy, Ashurst has advised ACWA Power on the successful development and financing of the first phase of the Noor solar programme, which reached first disbursement in September. ...

Charles Russell oversees million dollar revolving credit facility

Charles Russell LLP international banking team has advised the banking syndicate on a conventional USD250 million revolving credit facility made available to Bahrain Mumtalakat Holding Company B.S.C.(c), Bahrain’s sovereign wealth fund.  The team acted on behalf...

In Brief (International) November 2013

1) Jones Day and Cleary Gottlieb Steen & Hamilton have taken lead roles on the first major Asian investment in Italy’s Serie-A football clubs. FC Internazionale Milano (Inter) and its majority shareholder Internazionale Holding, wholly controlled by...

Dentons advises on syndicated shipping deal in the ME

Dentons has advised Standard Chartered Bank and a syndicate of banks in relation to a USD300 million syndicated facility to Stanford Asia Holding Company.  The five-year syndicated facility was arranged by Standard Chartered Bank, Emirates NBD,...

Morgan Lewis advises the FWU Group

The law firm Morgan Lewis, which opened its Dubai office in August 2013, announced that it has advised European-based multinational insurance group, FWU Group on the initial USD20 million tranche of their USD100 million Sukuk al-Wakala...

Latham & Watkins advises on Sembcorp Salalah IPO

Latham & Watkins advised Sembcorp Salalah Power & Water Company SAOG in connection with its initial public offering (IPO), which was 8.3 times oversubscribed and raised OMR53 million (approximately USD137 million), making it the largest IPO...

Charles Russell advises on multi-million dollar litigation

Charles Russell's Middle East Real Estate and Litigation teams have secured a successful judgment in the Bahrain Chamber for Dispute Resolution (BCDR) for Barwa Investment SPC, an investment arm of the Qatari Sovereign Wealth fund, against Inovest...

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