Derayah LLPC – Saudilegal > Jeddah, Saudi Arabia > Firm Profile

Derayah LLPC – Saudilegal
POST OFFICE BOX 6387
JEDDAH 21442
Saudi Arabia

Saudi Arabia > Dispute resolution Tier 1

Derayah LLPC – Saudilegal remains a market leader in commercial disputes with strength in depth in litigating on bankruptcy proceedings. The team handles government contract claims, banking disputes and insurance matters. Amr Kadi in Jeddah (who is dual qualified as a judge) excels in sukuk litigation, whilst practice head Andreas Haberbeck is noted for his expertise in Saudi law. Other key names include Hamam Kadi who has experience appearing in Saudi courts for large corporates. The petrochemicals and powers plant sectors remain a key area of activity.

Practice head(s):

Andreas Haberback

Other key lawyers:

Hamam Kady; Amr Kadi

Testimonials

Andreas Haberbeck has acted as an expert witness on Saudi Arabian law in a leading case in the English Courts. He gave evidence at the trial and was outstandingly good, both in his advice as the case proceeded, and in the manner and content of his evidence at trial.’

Andreas Haberbeck is an expert in explaining Saudi legal issues to those unfamiliar with the jurisdiction. Andreas provides excellent expert reports for use before the Courts of England & Wales.’

‘Amr Kadi is an excellent advocate before the Saudi Courts and institutions and achieves great results.’

‘Derayah is always confident and tough to solve complex cases, based on their robust knowledge of Saudi Arabian cases and their experience for a long period of time.’

‘Andreas Haberbeck and Hamam Kady always give quick feedback to my questions. Their legal advice is very clear for clients who are from foreign countries and is always to the point.’

A slick, commercial operation – able to respond promptly to all areas of law – including specialist area relating to fatal accident damages.’

‘Andreas Haberbeck was superb. He communicated clearly, efficiently and liaised with his colleagues in other departments to deliver prompt, concise and effective advice.’

Key clients

SAMBA Financial Group

Citicorp Trustee Company Limited

Golden Belt Sukuk Company

F Hoffman La-Roche AG

Work highlights

  • Represented Saudi Arabian law to SAMBA Financial Group, in English High Court proceedings brought by the liquidators of Saad Investments Company, in connection with a claim for $318m.
  • Conducting litigation in Saudi Arabia since 2011 on behalf of Citicorp Trustee Company Ltd and Golden Belt 1 Sukuk Company against Saad Trading and Maan Al Sanea in respect of a default under a sukuk for US$ 650 million.

Saudi Arabia > Banking and finance Tier 2

At Derayah LLPC – Saudilegal, the banking practice advises on large-scale project financings mandates, particularly in the renewable energy sector. Led by Ali Abedi, the group also advises regional energy companies on financing and refinancings. Asad Abedi is another name to note.

Practice head(s):

Ali Abedi

Other key lawyers:

Key clients

Marubeni Corporation

Abu Dhabi National Energy Company (Taqa)

Al Raha Al Safi Food Company

Al-Jomaih

Engie

NESMA

Mowah

Work highlights

  • Advising Japan’s Marubeni Corporation and the UAE-based Abu Dhabi National Energy Company (Taqa) on their bid for the planned Marjan cogeneration independent steam and power plant (ISPP) and Tanajib desalination plant.
  • Advising the consortium of Marubeni Corporation and Al-Jomaih Energy & Water Company on various legal aspects of the 300MW Rabigh Solar PV Independent Power Project (IPP).

Saudi Arabia > Capital markets Tier 2

Derayah LLPC – Saudilegal handles a mix of transactions for international and Saudi blue-chip companies; it is also noted for its experience in handling high-value sukuk issuances for the financing of energy and infrastructure projects. Practice head Asad Abedi and Andreas Haberbeck are the key names.

Practice head(s):

Asad Abedi

Other key lawyers:

Testimonials

‘Good lawyering combined with a commercial approach to the issues which helps the commercial principals iron out issues. Ali Abedi is a very capable counsel able to synthesise complex issues for his clients.’

Work highlights

  • Provided expert evidence on Saudi Arabian law to SAMBA Financial Group, in English High Court proceedings brought by the liquidators of Saad Investments Company, in connection with a claim for US$ 318 million.
  • Acting for 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 $650m.

Saudi Arabia > Commercial, corporate and M&A Tier 2

Derayah LLPC – Saudilegal advises multinational companies on corporate and commercial mandates as well as M&A transactions with competition law aspects. The practice is overseen by key partners Andreas HaberbeckAsad AbediAli Abedi, and rising star Dana Halwani.

Practice head(s):

Andreas Haberbeck; Asad Abedi; Ali Abedi; Dana Halwani

Key clients

Cinépolis

Al Raha Al Safi Food Company

Work highlights

  • Acquired the fourth cinema operational license in Saudi Arabia for Lux Entertainment, a partnership between Cinépolis, Al-Hokair Group for Tourism and Development and Al-Tayer Group.
  • Acted for Al Raha Al Safi Food Company in connection with the transfer to it of one of the largest milling sectors being privatised by the programme.

Saudi Arabia > Projects and energy Tier 2

Derayah LLPC – Saudilegal is active across the petrochemicals and energy industry with strength in large-scale project financing mandates. Led by Jeddah-based Ali Abedi, the team is the first choice of Saudi counsel for international law firms and handles cross-border joint ventures, developments, and privatisations. Dana Halwani was promoted to the partnership and is recommended for project-related litigation. Andreas Haberbeck is also noted.

Practice head(s):

Other key lawyers:

Key clients

Al Raha Al Safi Food Company

Work highlights

  • Acted for Al Raha Al Safi Food Company on the transfer of one of the largest milling sectors which has been privatised.

Saudi Arabia > Real estate and construction Tier 3

Andreas Haberbeck leads the real estate group at Derayah LLPC – Saudilegal and is noted for handling transactional work and contentious construction matters.

Practice head(s):

Andreas Haberbeck

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.

DepartmentNameEmailTelephone
Banking & Finance, Corporate & Commerical, Projects & Energy Ali Abediali.abedi@saudilegal.com+966-12-6504475
Capital Markets, Corporate & Commercial Asad Abediasad.abedi@saudilegal.com+966-12-6504475
Dispute Resolution, Corporate & Commercial, Shipping Andreas Haberbeckandreas.haberbeck@saudilegal.com+966-12-6504475
Corporate & Commercial Dana Halwanidana.halwani@saudilegal.com+966-12-6504475
PhotoNamePositionProfile
Asad Abedi photoMr Asad AbediSenior Lawyer
Ali Abedi photoMr Ali AbediSenior Lawyer
Andreas Haberbeck photoMr Andreas HaberbeckSenior Lawyer
Number of lawyers : 14
Arabic
English
Other Office : Riyadh

GC magazine’s Middle East Regional Insight report represents a deep dive into the legal and business environments of a number of the world’s most important emerging economies. As such, we are proud to have received contributions from some of the most prolific and respected external firms operating in each of the countries covered in the report, and their insights, opinions and experiences constitute a critical ground-level view of the challenges and opportunities faced by lawyers and businesses across the Middle East.

http://www.legal500.com/assets/pages/gc/regional-insights/middle-east/saudi-arabia-commentary.html