What we say about the firm's legal practice in Morocco
Banking, finance and capital markets
Within Banking, finance and capital markets,
UGGC & Associés has been active in Casablanca since 2002, and with ten lawyers able to handle complex finance transactions, has one of the country’s most sizeable departments. Key client Upline Securities provides a steady flow of capital markets work. An example of recent quality instructions is the firm’s work for AfricInvest, a private equity fund investing into both North and sub-Saharan Africa, on a €9m investment in Morocco.
Corporate and M&A
Within Corporate and M&A,
UGGC & Associés is able to draw on the firm’s extensive resources in Paris, and partner Patrick Larrivé is respected among the local legal community. He is assisted by two associates on the ground in Casablanca. A key client in Upline Securities, which handles about one-fifth of all M&A transactions in Morocco. Examples of headline deals handled in 2007 include advising MarocInvest/Ismawood consortium, one of the main wood distributors in Morocco, on its bid to acquire shares in wood distributor Manorbois, a subsidiary of CFAO; as well as acting for Caisse de Dépôt et de Gestion (CDG) on its acquisition of a 40% interest in Moroccan insurance companies Atlanta and Sanad, from majority shareholder Holmarcom Group.
Dispute resolution
Within Dispute resolution,
UGGC & Associés is used for both local court disputes and ADR by a predominantly French client base. An example of recent standout work is for a French infrastructure company on a dispute with the Moroccan government.
Legal market
Within Legal market,
For historical reasons, it is the French firms that have demonstrated the most commitment to the Moroccan market by opening offices in Casablanca. UGGC & Associés and CMS Bureau Francis Lefebvre possess full-service non-contentious capability. But it is Gide Loyrette Nouel - Naciri & Associés which stands out as the leading firm in the country, blending local expertise in the form of partner Hicham Naciri, with international credentials and standards of service. In mid-2007, another major French firm opened an office, with August & Debouzy relocating Moroccan national Kamal Nasrollah to Casablanca.
Projects and public law
Within Projects and public law,
UGGC & Associés can draw on its resources in both Paris and Casablanca, and has experience on a range of projects. Patrick Larrivé is local counsel for the banks both local and international (BMCE Bank; BMCI; EIB; Dexia) on the Tanger Med deal; and the firm is also advising on the Samanah Country Club Project, including the development of more than 400 villas.
Tax
Within Tax,
UGGC & Associés is also recommended for tax matters, which it handles along with more general commercial advice.
Tourism and real estate
Within Tourism and real estate,
UGGC & Associés delivers transactional advice to clients in this sector from both its Casablanca and Paris offices. The firm continues to advise the Ministry of Tourism and Transports on the ‘Maroc 2010’ programme, involving negotiations with low-cost airlines. Other new instructions in 2007 include acting for ONA (Morocco’s largest private company, which manages the Royal family’s assets) on the sale of shares in Amendis.
What we say worldwide
Please choose another UGGC & Associés office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.
France
Offices in Paris
- Administrative and public law : Administrative and public law
- Banking and finance : Banking and finance
- Dispute resolution : Dispute resolution: commercial litigation
- Dispute resolution : Dispute resolution: international arbitration
- Dispute resolution : Dispute resolution: white-collar crime
- EU competition and distribution : EU competition and distribution
- Employment : Employment
- Environment : Environment
- Insolvency : Insolvency
- Intellectual property : Intellectual property: full-service firms
- Mergers and acquisitions : Mergers and acquisitions
- Private equity : Private equity
- Real estate : Real estate
- Tax : Tax
Morocco
Offices in Casablanca
Law developments worldwide
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New amounts of remuneration for white-collar workers
As every year, the Federal Public Service Employment has adapted the amounts of remuneration to be taken into consideration for the application of certain provisions of the employment contract for white-collar workers. -
Update of the Dutch Corporate Governance Code
The Dutch Corporate Governance Code Monitoring Committee has published a report with proposals to update the Dutch Corporate Governance Code. In this article you will find a summary of the proposals. -
D&I Quarterly March 2008
First Statement by the Takeover Panel Regarding a Specific Case. Court of Appeal Convicts Jouhki of Insider Trading. Market Court Confirms Existence of Asphalt Cartel. Deadline for Pre-registration of Chemicals. -
D&I Quarterly June 2008
New FSA Standard on Regular Reporting for Finnish Issuers. FSA Statement on Minimum Price in Voluntary Offer. Finnish Government Proposes Limited Right for Employers to Collect Credit Information on Employees. Reform of Consumer Marketing Rules -
D&I Quarterly September 2008
New Insider Guidelines. Supreme Court Outlines Forum Rules in Company Law Matters. Requirement of Local Company Representative Abolished. Witness Testimonies in Competition Law Cases – Some Recent Developments -
CATALIST, A SPONSOR-SUPERVISED LISTING PLATFORM ON SGX
In 2006, the Monetary Authority of Singapore (“MAS”) and the Ministry of Law launched a joint public consultation on the proposed changes to the unsecured credit rules and the proposed application of these rules to moneylenders with appropriate modifications. -
LEGISLATIVE AMENDMENTS TO UNSECURED CREDIT RULES BY MAS AND MINISTRY OF LAW
In 2006, the Monetary Authority of Singapore (“MAS”) and the Ministry of Law launched a joint public consultation on the proposed changes to the unsecured credit rules and the proposed application of these rules to moneylenders with appropriate modifications. -
ESTABLISHMENT OF AUDIT COMMITTEE GUIDANCE COMMITTEE (“ACGC”)
The Monetary Authority of Singapore (“MAS”) and Singapore Exchange Ltd (“SGX”) had on 27 June 2007 released the findings from a study they had commissioned on the then state of corporate governance of SGX-listed companies in Singapore. -
Responsibilities of Board and Financial Advisers in Assessing Acquisitions involving Profit Guarante
On 24 March 2008, the Singapore Exchange Limited (“SGX”) issued a News Release in the Regulator’s Column (please refer to www.sgx.com for the full details) setting out the responsibilities of boards of directors and their financial advisers in assessing acquisitions involving profit guarantees. -
Singapore Exchange opens Beijing representative office
Singapore Exchange Limited (SGX) on April 18 announced the official of its Beijing representative office, which helps to attract more China listing and increase the profile of SGX.