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 has a market-leading reputation in the dispute resolution area. The firm is well known for its work in the healthcare and pharmaceutical sectors, for example, practice head Andreas Haberbeck
is representing F Hoffman La-Roche AG in the attempted liquidation under the 2018 Bankruptcy Regulations of Abdul Latif Banaja and Partners. The team also acts for clients in industries including banking and engineering. Amr Kadi and Hamam Kadi provide additional support.
Practice head(s):
Andreas Haberbeck
Other key lawyers:
Testimonials
‘Derayah LLPC – Saudilegal provides excellent and responsive service to its clients’
‘Andreas Haberbeck is highly skilled in explaining the Saudi legal system to those from a common law background.’
‘Amr Kadi provides excellent advocacy skills.’
Key clients
Citicorp Trustee Company Limited
Golden Belt 1 Sukuk Company
F Hoffman-La Roche AG
Work highlights
- Conducting litigation since 2011 on behalf of Citicorp Trustee Company Ltd and Golden Belt 1 Sukuk Company against Saad Trading and Maan Al Sanea in respect of a default under a sukuk for US$ 650 million.
- Representing a British engineering company in the bankruptcy proceedings of Al-Aman Modern Energy Co.
- Representing F Hoffman La-Roche AG in the attempted liquidation under the 2018 Bankruptcy Regulation 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, an independent Saudi firm, stands as a trusted name renowned for its counsel on intricate cross-border project finance transactions. Ali Abedi leads the practice from Jeddah. Abedi is personally involved in the practice’s most significant matters, he brings formidable expertise to asset and project financing matters. Based in Riyadh, Abdulaziz Alsulmy supports Abedi in many of his matters.
Practice head(s):
Ali Abedi
Other key lawyers:
Testimonials
‘The Derayah team is available, knowledgeable, prompt, practical and thorough. This is the go-to firm in the KSA for banking, finance and project finance. ’
‘Ali Abedi stands out as a great practitioner.’
Key clients
Air Products
ACWA Power
Marubeni Corporation
Abu Dhabi National Energy Company (Taqa)
Al Jomaih Energy & Water Company Limited
Work highlights
- Advised ACWA Power and Air Products on their agreement with Saudi Aramco to form a gasification and power joint venture.
- Advised Japan’s 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.
- Advised the consortium of Marubeni Corporation 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 > Commercial, corporate and M&A Tier 2
Derayah LLPC – Saudilegal focuses on advising overseas clients on conducting business in Saudi Arabia. Key individuals include Andreas Haberbeck, who combines his transactional advice with his disputes workload; Ali Abedi, who also handles asset and project finance; Asad Abedi, who is a specialist in securities law and acquisitions; and Dana Halwani, who provides additional expertise in capital markets and corporate law.
Practice head(s):
Andreas Haberbeck; Ali Abedi; Asad Abedi; Dana Halwani
Testimonials
‘Derayah have local expertise and knowledge. They understand the business requirements. ’
‘Andreas Haberbeck and Dana Halawani are very good practitioners.’
Key clients
Richard Attias & Associates
Work highlights
- Reviewed a number of contracts for Richard Attias & Associates in relation to the organisation of events for Fashion Futures, including the Saudi 100 Brands exhibition that took place in New York.
Saudi Arabia > Projects and energy Tier 2
Headquartered in Jeddah, Derayah LLPC – Saudilegal is an independent Saudi Arabian law firm regularly instructed by both local and international clients and international law firms on transactions and legal issues related to energy and chemical infrastructure projects. Ali Abedi heads the practice. Abedi, an experienced practitioner in both projects and corporate and M&A, currently advises on such matters as ACWA Power and Air Products’ agreement with Saudi Aramco to form a gasification and power joint venture. Practice head(s):
Ali Abedi
Other key lawyers:
Testimonials
‘The Derayah team is knowledgeable, creative, practical, available, thorough and very helpful.’
‘Ali Abedi stands out for projects in the energy market.’
Key clients
Air Products
ACWA Power
Marubeni Corporation
Abu Dhabi National Energy Company (Taqa)
Al Jomaih Energy & Water Company Limited
Work highlights
- Acted as advisors to ACWA Power and Air Products on their agreement with Saudi Aramco to form a gasification and power joint venture.
- Acted as advisors to Japan’s 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.
- Advised the consortium of Marubeni Corporation 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
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 |
|---|---|---|---|
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Mr Asad Abedi | Senior Lawyer | View Profile |
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Mr Ali Abedi | Senior Lawyer | View Profile |
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Mr Andreas Haberbeck | Senior Lawyer | View Profile |
Staff Figures
Number of lawyers : 14Languages
Arabic EnglishOther
Other Office : Riyadh- Dispute resolution