Derayah LLPC – Saudilegal > Jeddah, Saudi Arabia > Firm Profile
Derayah LLPC – Saudilegal Offices
POST OFFICE BOX 6387
JEDDAH 21442
Saudi Arabia
Derayah LLPC – Saudilegal > The Legal 500 Rankings
Saudi Arabia > Dispute resolution Tier 1
Derayah LLPC – Saudilegal has a pre-eminent reputation in the dispute resolution field, with notable expertise in handling financial disputes. The team is well regarded for providing expert evidence on Saudi Arabian law in multiple jurisdictions including the UK, Singapore and the UAE. The team is led by Andreas Haberbeck, who is based in Riyadh and is a highly regarded practitioner. Amr Kadi is based in Jeddah and has an excellent track record in handling complex, cross-border sukuk litigation. Hamam Kadi, also based in Jeddah, is a name to note.Practice head(s):
Andreas Haberbeck
Other key lawyers:
Testimonials
‘The team provides expert advice in relation to KSA law & procedure.’
‘They work efficiently & with dedication to meet difficult deadlines.’
‘Andreas Haberbeck is particularly skilled in clearly explaining KSA law & procedure to overseas stakeholders.’
‘Amr Kadi has achieved good outcomes by skillfully explaining the complexities of transaction to KSA officials.’
‘This firm is very helpful for a foreign company having a legal dispute in Saudi Arabia. Their experience and expertise gives assurance when handling litigation which has cross-border aspects.’
‘Andreas Haberbeck knows very well how to handle litigation in Saudi Arabia. His advice is based on long-term experience and is always to the point and detailed.’
Key clients
F Hoffman-La Roche AG
Citicorp Trustee Company Limited
Golden Belt 1 Sukuk Company
Saudi National Bank
Work highlights
- Represented Citicorp Trustee Co Ltd and Golden Belt 1 Sukuk Co in longrunning litigation against Saad Trading and Maan Al Sanea in respect of a default under a sukuk for US$ 650 million.
- Advising F Hoffman La-Roche AG on the attempted liquidation of Saudi Import Company Abdul Latif Banaja and Partners (SIC), which has admitted debts of US$ 723 million.
Saudi Arabia > Banking and finance Tier 2
Derayah LLPC – Saudilegal is an independent firm with a solid reputation for advising on complex cross-border project finance transactions. Department head Ali Abedi fields strong expertise in asset and project financing matters. Asad Abedi is also a key name to note.Practice head(s):
Ali Abedi
Other key lawyers:
Key clients
ACWA Power
Air Products
Marubeni Corporation
Abu Dhabi National Energy Company (Taqa)
Al Jomaih Energy & Water Company Limited
Work highlights
- Assisting Japan’s Marubeni Corporation and the UAE-based Abu Dhabi National Energy Company (Taqa) with the planned Marjan cogeneration independent steam and power plant (ISPP) and Tanajib desalination plant.
- Advised the consortium of Marubeni Corporation (Marubeni) and Al Jomaih Energy & Water Company Limited (Al Jomaih) on various legal aspects of the 300MW Rabigh Solar PV Independent Power Project (IPP).
Saudi Arabia > Capital markets Tier 2
Derayah LLPC – Saudilegal assists international and Saudi entities with high-profile transactions, including offerings. Sukuk work is another key area of instruction for the group. Jeddah-based practice head Asad Abedi specialises in securities law and acquisition matters. Andreas Haberbeck is a key contact in the team.Practice head(s):
Asad Abedi
Other key lawyers:
Key clients
Citicorp Trustee Company Ltd
Golden Belt 1 Sukuk Company
Saudi National Bank
Work highlights
- Representing Citicorp Trustee Company Ltd and Golden Belt 1 Sukuk Company in longrunning litigation against Saad Trading and Maan Al Sanea, concerning a default under a sukuk for $650m.
Saudi Arabia > Commercial, corporate and M&A Tier 2
Derayah LLPC – Saudilegal has solid expertise in advising domestic and international clients on a range of corporate matters, including shareholder disputes, distributorship issues and M&A mandates with competition law aspects. The key practitioners to note are Andreas Haberbeck, Asad Abedi, Ali Abedi and Dana Halwani, all based in the Jeddah office.Practice head(s):
Andreas Haberbeck; Ali Abedi; Asad Abedi; Dana Halwani
Testimonials
‘The team has deep knowledge of the Saudi laws and regulations and they are approachable with a quick response time.’
Key clients
Richard Attias & Associates
Work highlights
- Assisted Richard Attias & Associates with contractual matters in relation to the organization of events for Fashion Futures, including the Saudi 100 Brands Fashion exhibition.
Saudi Arabia > Projects and energy Tier 2
Derayah LLPC has a solid track record in handling prominent transactional mandates within the energy, utilities and petrochemical industries. The team is led by Jeddah-based Ali Abedi, who is very well known for advising on complex asset and project financing matters, as well as multi-jurisdictional joint venture work. Andreas Haberbeck and Dana Halwani are also key names to note.Practice head(s):
Ali Abedi
Other key lawyers:
Key clients
ACWA Power
Air Products
Marubeni Corporation
Abu Dhabi National Energy Company (Taqa)
Al Jomaih Energy & Water Company Limited
Work highlights
- Assisting ACWA Power and Air Products with a gasification and power joint venture agreement with Saudi Aramco.
- Advising Japanese company Marubeni Corporation and the UAE-based Abu Dhabi National Energy Company (Taqa) on the planned Marjan cogeneration independent steam and power plant (ISPP) and Tanajib desalination plant project.
- Assisted Marubeni and the Al Jomaih Energy & Water Company with the 300MW Rabigh Solar PV Independent Power Project (IPP).
Derayah LLPC – Saudilegal > Firm Profile
Derayah LLPC (formerly Hatem Abbas Ghazzawi & Co.) have been at the forefront of legal developments in Saudi Arabia, advising BP and Royal Dutch Shell in connection with their participation in the Saudi Arabian Gas Initiative known as Core Venture 1, advising the lenders in a limited recourse financing of the first Independent Power Project in Saudi Arabia, advising the project company in the development and construction of the first Independent Water Project in Saudi Arabia, advising the lenders in the first Independent Water and Power Project in Saudi Arabia and its subsequent expansion, advising the sponsors in the first solar power project in Saudi Arabia, advising the lenders on the first wholly Islamic financed project, and acting as counsel to the issuer in the first initial public offering under the new Capital Market Regulation.
As an independent firm, a major part of their practice is to act as Saudi counsel on the instructions of international law firms, which include Allen & Overy, Ashurst, Cleary Gottlieb Steen & Hamilton, Clifford Chance, Davis Polk & Wardwell, Latham & Watkins, Linklaters, Milbank Tweed Hadley & McCloy, Shearman & Sterling, Skadden Arps, Simpson Thacher & Bartlett, and Slaughter and May.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Banking & Finance, Corporate & Commerical, Projects & Energy | Ali Abedi | ali.abedi@saudilegal.com | +966-12-6504475 |
Capital Markets, Corporate & Commercial | Asad Abedi | asad.abedi@saudilegal.com | +966-12-6504475 |
Dispute Resolution, Corporate & Commercial, Shipping | Andreas Haberbeck | andreas.haberbeck@saudilegal.com | +966-12-6504475 |
Corporate & Commercial | Dana Halwani | dana.halwani@saudilegal.com | +966-12-6504475 |
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Mr Asad Abedi | Senior Lawyer | View Profile | |
Mr Ali Abedi | Senior Lawyer | View Profile | |
Mr Andreas Haberbeck | Senior Lawyer | View Profile |
Staff Figures
Number of lawyers : 14Languages
Arabic EnglishOther
Other Office : Riyadh- Dispute resolution