Twitter Logo Youtube Circle Icon LinkedIn Icon

Iraq

Iraq > Law firm and leading lawyer rankings

Editorial

Iraq’s oil-dependent economy continued to be troubled by low oil prices, with the resulting lack of revenue in government coffers ensuring that most infrastructure projects stayed on hold. Low oil prices also played a part in a quarrel between Iraq and the semiautonomous Kurdistan Regional Government (KRG), which saw the KRG ramping up independent sales of oil through the Turkish port at Ceyhan in breach of an agreement struck in December 2014 that gave Iraq’s central government access to revenue from Kurdish oil.

On top of the escalating financial problems, the security situation also worsened, as the Islamic State followed up its capture of Mosul by taking over Ramadi – which lies to the west of Baghdad – in May 2015. Notwithstanding these difficulties – and the ensuing shrinkage in international investment – the mineral-rich region is still regarded as a strong prospect for future opportunities in energy and infrastructure investment.

In addition to the main table of ranked local law firms, this chapter also includes a Foreign firms ranking, which covers international law firms with significant business in or relating to Iraq; as foreign law firms may not practise in Iraq, most of these foreign practices are based in the United Arab Emirates. Coverage of the foreign firms follows that of the locally qualified practices.

At Al Tamimi & Company, Amman-based Khaled Saqqaf leads a team that includes Mohammed Norri in Baghdad and senior associate Haydar Jawad in Erbil. As well as assisting with the reform of various Iraqi government departments, the team has been active in the financial services industry and, for example, advised Noor Islamic Bank on the security for a master murabaha agreement with an oil and gas company.

From its office in Baghdad, Mena Associates in association with Amereller Rechtsanwälte advises on all aspects of commercial and corporate law, with special emphasis on agency and distributorship law and the law on foreign investments. Bawar Bammarny and Tannaz Jourabchi-Eisenhut are key figures in the team.

Praised for its ‘international standards and approach’, Airut Law Offices continued to handle a range of work for Lebanese clients such as Byblos Bank and Tahseen Khayat Group. Serge Airut and Marie Antoinette Airut, both based in Beirut, are advising Firma Medica on the development of a medical city in Erbil. The firm recently added an office in Baghdad to support its well-established offering in Erbil, where partner Tahseen Shekhallah Sheikha is based full-time.

Lauded as ‘providing a level of responsiveness and quality of product which is consistently impressive’, Confluent Law Group enters the ranking for the first time. The sizeable team – which is based in Basra, Baghdad and Erbil – has been busy advising a number of major oil and gas, utility, construction and oil services companies. Greg Englefield heads the team.

Eversheds absorbed Sanad Law Group, giving it offices in Erbil and Baghdad. Amman-based Tawfiq Tabbaa heads the team and is noted as being particularly strong on ‘matters that lack clarity from courts and regulators’. Tabbaa’s team locally includes senior associate Mohamed Al-Khanaty in Baghdad and principal associate Suzan Aziz in Erbil. The team is advising Omniyat Investments and Management in relation to the development of a mixed-use real estate project in Basra and has also been active on behalf of clients such as MOL and Standard Chartered.

At Hannouche Associates, Alain Hannouche has ‘extensive experience in the Iraqi legal market’ and advised an international oil services company on an $11.8m acquisition in Kurdistan. As well as developing its client base, the firm also opened an office in Basra to complement its existing offices in Erbil and Baghdad.

The well-regarded Alaf Attorneys & Consultants, led by founding partner Abdulwahid Alaf, operates out of two offices in Kurdistan, and also has a presence in Baghdad. Alaf’s practice is divided between disputes work and advising international companies on investments in sectors such as telecoms and construction.

Estelle Rami’s team at BSA Ahmad Bin Hezeem & Associates LLP focuses on assisting foreign investors in Kurdistan. The team has been busy with a range of corporate matters for clients such as Grand Array and Setcore Petroleum Services.

Dler Law Office is particularly known for handling commercial, civil and criminal disputes, but is also active in transactional work, most notably in the oil and gas sector. Erbil-based Dler Saber heads the team.

Firms in the spotlight

Newton Law Group
www.newtonlawllp.com

Working in close association with international and regional law firms, the Iraqi offices of Newton Law Group (Erbil, Sulimaniya, Baghdad, and Basra) have more than 300 years of combined legal experience and have served Fortune 500 and CAC 40 corporations. Newton Law Group is a boutique full-service law firm with a renowned practice in corporate and business law.

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Bulgaria: Opening the gas market for foreign traders!

    Most recently, the Bulgarian Energy Regulator has taken significant steps towards the full liberalisation of the natural gas market: In December 2016, the Bulgarian Energy Regulator adopted legislative amendments to the Rules for Trading of Natural Gas ( Правила за търговия с природен газ , " Trading Rules ") and the Rules for Access to the Gas Transmission and/or Gas Distribution Networks and the Natural Gas Storage Facilities ( Правила за предоставяне на достъп до газопреносните и/или газоразпределителните мрежи и за достъп до съоръженията за съхранение на природен газ , " Access Rules "). Moreover, it adopted new Rules for Balancing of the Natural Gas Market ( Правила за балансиране на пазара за природен газ , " Balancing Rules "). read more...
  • When Arbitration Meets Insolvency in Montenegro - Can They Coexist?

    Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
  • Hungary: Registration Fees for Company Establishment Abolished

    In an aim to simplify state administration and support economic growth, the Hungarian Parliament adopted a new law abolishing the registration fee and the publication cost for incorporating limited liability companies (" LLC ") ( korlátolt felelősségű társaság ), limited partnerships ( betéti társaság ), general partnerships ( közkereseti társaság ), and sole entrepreneurships ( egyéni cég ). The new law becomes effective on 16 March 2017. read more...
  • SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

    The Bangko Sentral ng Pilipinas (BSP) (the Philippine Central Bank) has issued two new circulars that will be of interest to companies engaged in remittance services, e-money, digital currency, and other fintech businesses. Both circulars amend portions of the BSP Manual of Regulations for Non-Bank Financial Institutions.
  • IFLR: “Philippines: Foreign equity ownership decision”

    The March issue of the International Financial Law Review ( IFLR ) includes an international briefing article by SyCipLaw partner  Jose Florante M. Pamfilo  entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.
  • New regulation on unit-linked life insurance in Hungary

    Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium, or in one lump sum. These payments cover the life insurance component as well as the investment, administrative costs, contracting fee and the commissions. The "total cost charged" ("TCC") is an indicator – calculated in line with the rules of Hungarian insurance regulations – showing all costs charged on life insurance policies having a savings element, reflected as a percentage value. The regulation of the TCC in Hungary has been amended effective 1 January 2017. read more...
  • Hungary: Increase of Minimum Sale Price May Affect Retail NPL Transactions?

    On 7 March 2017, the Hungarian parliament adopted a law that increases the minimum sale price of a residential property in the enforcement procedure from the current 70% of its market value to 100% (market value to be understood as the price set by the appraisal of the bailiff), provided that (i) the claim to be enforced stems from a consumer contract; (ii) the real property is the debtor's only real property; and (iii) the debtor resided in that real property for at least six months prior to the initiation of the enforcement procedure.   read more...
  • European Court of Justice rules for the first time on discrimination based on belief

    The Court of Justice confirms a policy of neutrality can justify discrimination based on belief.
  • RECENT COURT ORDER ON GOOGLE RELATED TO PROTECTING INFORMATION RIGHTS

    Korean appeals court orders Google to disclose to Korean users what personal information Google passed to U.S. government.
  • ECJ CASE C-28/26 - RECOVERABILITY OF INPUT VAT OF A HOLDING COMPANY

    Case C-28/26 - Examines the right of a holding company to deduct input VAT on services acquired in the interest of its subsidiaries where those services are offered to its subsidiaries with no consideration.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to