Firm Profile > Al Busaidy, Mansoor Jamal & Co > Muscat, Oman

Al Busaidy, Mansoor Jamal & Co
MUSCAT INTERNATIONAL CENTRE
BAIT AL FALAJ STREET, PO BOX 686
112 MUSCAT
Oman

Banking and finance Tier 1

For some, Al Busaidy, Mansoor Jamal & Co is 'the pre-eminent local firm in Oman by a long stretch' and is regularly instructed on energy project financings as the team 'knows the market' and 'can guide sponsors and lenders across the line with ease'. In an example of its strength in this area, it assisted Bank Muscat with the $72m financing of the Amin Solar PV IPP project. Practice co-head Mansoor Jamal Malik  Mansoor Malik is 'a highly respected name in the market' who 'marries the law with commercial advice very well'. Fellow co-head Marcus Pery  advised Duqm Refinery and Petrochemical Industries Company on its $4.61bn financing from local and international banks. Senior associates Andrew Coddington and Abubaker Abudayyeh, as well as associate Robert Calleja, are also noted.

Practice head(s):

Mansoor Jamal Malik; Marcus Pery

Testimonials

‘Solution oriented.  Positive communication and instructions are understood the first time round and well executed. Always reliable.’

‘Highly responsive, excellent value for money and well drafted work product with only minor revisions required.’

‘Marcus Pery and Andrew Coddington repeatedly deliver timely, valued advice and are always willingly to adopt a pragmatic approach to deliver solutions.’

‘The team is overall very experienced and knowledgeable in banking and project finance.’

‘Some of the associates are excellent so you can be comfortable taking advice from them without having a partner heavily involved as well.’

‘The team is also quite large so for bigger ticket transactions you can rely on them to ramp up as needed.’

‘I have come across a few firms in Oman and AMJ are in my opinion the best one.’

‘Marcus Pery is experienced and knowledgeable and gives pragmatic advice.’

‘Robert Calleja is always solution orientated. He gives sound advice and is able to resolve problems in transactions with ease. At the beginning I thought he was a senior associate so I do think he has real potential. I think he is “one to watch”.’

‘Abubaker Abudayyeh is a senior banking lawyer and his knowledge for us on one transaction was exceptional. He is very professional and has a “can do” attitude.’

Commercial, corporate and M&A Tier 1

Al Busaidy, Mansoor Jamal & Co has 'a market-leading practice in Oman' with 'strength in depth across the board' and 'standout individuals'. One such individual is Mansoor Jamal Malik, who is 'hugely respected and knowledgeable' and 'although always in demand he is highly responsive and approachable'. He recently advised Renaissance Services on the sale of its offshore support vessel to Topaz Energy and Marine Bermuda.  Another key member of the team is Ardeshir D Patel, who is 'technically excellent' with 'a real pragmatic "can do" attitude'.  He advised Sojitz Global Investments B.V on the Omani aspects of its merger with other Dutch companies which owned power companies in the region. Also highly regarded is Ahmed Hashim, who works on M&A and capital market transactions, and senior associate Mir Nasar Ahmad, who is experienced in cross- border M&A.

Practice head(s):

Mansoor Jamal Malik

Testimonials

‘Market-leading practice in Oman with strength in depth across the board and standout individuals.’

‘A market-leading practice in Oman.’

‘They step into the shoes of clients and provide the solution – this may not necessarily be to the liking of the client but the solution is best suited to the client’s circumstances.’

‘Professionalism and accuracy of information.’

‘Mansoor Malik is hugely respected and knowledgeable. Although always in demand he is highly responsive and approachable.’

‘Ardeshir Patel is technically excellent combined with a real pragmatic “can do” attitude. Very solutions driven and practical.’

‘The team members I interacted with were very professional and very supportive.’

Dispute resolution Tier 1

Al Busaidy, Mansoor Jamal & Co is ‘exceptional for dispute resolution and litigation’ and ‘works with internationally recognised barristers and offers the best of global skills and reach with local knowledge’. Practice head Mansoor Jamal Malik is an England and Wales-qualified barrister with rights of audience before Oman’s Supreme Court and Appeal Court, and is an Appeal Court panel arbitrator. He represented two banks in their joint claim against a cement company and its guarantor for funds owing on a facility for the partially completed construction of a cement plant. Also leading the team is Said Hilall Al Busaidy, who has acted before the courts of first instance, appeal and Supreme Court.

Practice head(s):

Mansoor Jamal Malik; Said Hilall Al Busaidy

Testimonials

Exceptional for dispute resolution and litigation.

Works with internationally recognised barristers and offers the best of global skills and reach with local knowledge.

Key clients

National Bank of Oman

Commercial Bank of Qatar

Bank Muscat SAOG

Habib Bank Limited

Bank Dhofar SAOG

Al Omaneya Services Company SAOG

Muscat Finance Co SAOG

United Finance Company SAOG

Sohar International Bank SAOG

Bahwan group of companies

KPMG

Subsidiaries of French multinational ENGIE

Power Mech Projects Limited

Public Authority for Food Reserves

Carillion

Interwell

Muriya Group

Public Authority for Stores and Food Reserves

Oman Tourism Development Co SAOC

AIG MEA Limited (Oman Branch)

Al Hassan Group

Al Argan Towell Investment Company

Amiantit Oman Co. LLC

Bahwan Engineering Co LLC

CC Energy Development S.A.L. (CCED)

Oman Construction Material & Trading Co. LLC

Oman Air

Projects and energy Tier 1

Al Busaidy, Mansoor Jamal & Co is 'deeply knowledgeable in regards to Omani law matters' and 'provides commercially considered advice'. Practice head Mansoor Jamal Malik is 'the ultimate professional' with 'strong ties to Muscat' and 'a vast network that he leverages to provide a full suite service'. He recently advised Marubeni on the development of an independent solar power plant. Newly promoted partner Asad Qayyum is 'very strong in debt capital markets'.

Practice head(s):

Mansoor Jamal Malik 

Testimonials

‘Competent, diligent team with focus, shared skills and expertise. They have expertise in a variety of disciplines.’

‘Has a significant advantage over other firms in size and in terms of continuity of service from individual lawyers’. 

‘Armughan Ashfaq has great communication skills, is quite proactive by reaching out to us in advance on issues that may impact us. He pays attention to detail, we view him more of our business partner rather an external legal advisor.’

Key clients

Abraj Energy Services

ACWA Power Projects

Centralised Utilities Company LLC

Duqm Refinery & Petrochemical Industries Co. LLC

Electricity Holding Company SAOC

ENGIE Middle East, South & Central Asia and Turkey

G S Energy Korea

JGC Corporation

Marubeni

Masdar

Mineral Development Oman

Muscat National Development &Investment Company SAOC

Oman Gas Company

Oman Global Logistics Group

Oman National Investments Development

Oman Oil Company

Oman Oil Refineries & Petroleum Industries Company

Oman Rail Company

Oman Tank Terminal Co. LLC

Rural Areas Electricity Company

Shell International

Sogex Oman Co. LLC

Real estate and construction Tier 1

The team at Al Busaidy, Mansoor Jamal & Co is ‘one of the best in Oman’ and can ‘effectively manage complex transactions with appropriate skills and knowledge’. Practice head Mansoor Jamal Malik recently advised Oman Logistics Company on its plans to develop Way Bridge Stations at various sites along the Batinah Expressway, the principle road connection between Oman’s capital Muscat and the United Arab Emirates. He also assisted Majid Al Futtaim Properties LLC with the development of the Mall of Oman.

Practice head(s):

Mansoor Jamal Malik 

Key clients

Iskan Oman Investment Company SAOC

Alargan Towell Investment Company LLC

Jebel Ahkdar Data Centre SAOC

Majid Al Futtaim Group and its subsidiaries

Muriya Tourism Development Co. SAOC

Muscat Bay SAOC

Nagarjuna Construction Company International LLC

Oman Cement Co SAOG

Oman Global Logistics Co SAOC and its subsidiaries

Oman Tourism Development Company SAOC

Royal Oman Police

State General Reserve Fund

Strategic Housing Group

Suhail Bahwan Group (Holding) LLC

Shipping Tier 1

Al Busaidy, Mansoor Jamal & Co's shipping practice focuses on financings, commercial contracts, carriage of goods, insurance, as well as advising on accidents at sea. Mansoor Jamal Malik is the key name of note and is an expert in maritime and shipping law, particularly in financing. Associate Hussein Azmy also works on commercial shipping issues.

Practice head(s):

Mansoor Jamal Malik

Key clients

Ministry of Environment of Oman

Oman Global Logistics Group SAOC

Royal Oman Police

Oman Shipping Company SAOC

Khimji Ramdas Shipping LLC

Transworld Shipping, Trading and Logistic Services LLC

Oman International Terminal Container LLC

Oman Oil Refineries & Petroleum Industries Company SAOC

The firm: Al Busaidy, Mansoor Jamal & Co (AMJ) is a top-tier, full-service law firm of international quality established in Oman for over 30 years. It has been described as a rarity in the Middle East being an independent, national firm that tops the legal rankings and is widely considered the strongest adviser in the market. It has expanded to become the largest law firm in Oman providing clients with significant in-country breadth and depth of expertise. Eight teams of experienced UK, US and commonwealth-trained solicitors, barristers, Arab law specialists and Omani advocates serve a large portfolio of international and regional corporates, financial institutions, government bodies, trading houses, and high-net-worth individuals. The team includes most elite and ranked lawyers in the jurisdiction known for their involvement in innovative, ‘first of a kind’ deals and landmark projects in Oman and the region. Recent highlights include the restructuring of Oman’s aviation, transport and logistics sectors, logistic and financial sectors, advising the government on the establishment of its first sovereign sukuk programme and debut US$2bn international sukuk issuance thereunder, and advising IPIC on its US$125m merger with Mubdala Development Company, one of the largest ever globally.

Areas of practice: Banking and finance: AMJ’s banking and finance team handles large-scale domestic and cross-border transactions for Omani and international banks, international finance and export credit agencies, government bodies, issuers, asset managers, funds, private equity participants and project sponsors. They advise borrowers and lenders on syndicated and multilateral loan and credit facility agreements and related security packages, project finance, corporate finance, ship and aircraft finance, leveraged and acquisition finance, asset and real estate finance, and corporate restructurings. In 2017 AMJ was involved in all the government’s external borrowings exceeding US$10bn. The team also won heavyweight mandates from international and regional banking institutions in the wholesale lending market, and AMJ’s dedicated Islamic finance team advised on numerous ‘first of a kind’ Islamic and hybrid real estate development financings and product development.

Corporate and capital markets: AMJ has the largest corporate/capital markets and M&A practice in Oman advising the government of Oman, leading corporates and institutions on a full spectrum of corporate and capital markets work. They regularly act for corporate clients in headline capital market transactions, funds, bonds, sukuk, IPOs, rights issues, private equity transactions, privatisation projects, complex restructurings and M&A. They provide advisory on the full range of securities laws and regulations, bankruptcy, corporate governance, compliance and other regulatory issues. AMJ has been at the forefront of ground-breaking capital market developments such as swaps, derivatives, and Oman’s rapidly developing Islamic finance segment. Recent highlights include the government’s debut US$2bn international sukuk issuance under its first-ever sukuk programme; US$2.5bn sovereign bond issuance, three IPOs and restructurings in the insurance sector, and cross-border acquisitions of controlling interests in leading Omani companies.

Litigation and arbitration: AMJ’s strong reputation stems from its success in handling complex, high-profile claims before the Omani courts as well as in conducting international and regional arbitrations in centres such as LCIA, ICC, GCC Commercial Arbitration Centre and Dubai International Arbitration Centre. Three teams of 18 litigation specialists advise on a wide range of commercial litigation, banking litigation and regulatory proceedings, administrative law claims, employment, private property disputes, Shariah and criminal cases. Each team includes international lawyers with multi-jurisdictional experience, and a large cadre of Omani advocates, all licensed to practise by the Oman Ministry of Justice (four Supreme Court-licensed litigators, nine Court of Appeal licensed and eight licensed arbitrators). The firm’s dedicated administrative law team is unique in the jurisdiction and considered influential in shaping amendments to Oman’s administrative law through the establishment of legal precedents in cases handled since 2000. AMJ is also recognised as a market leader in criminal law, in particular white-collar crime, insolvency and liquidation, trade union disputes and collective bargaining.

Department Name Email Telephone
Banking and finance
Capital markets
Commercial
Construction
Corporate and M&A
Employment
Intellectual property
Islamic finance
Litigation and arbitration
Projects
Real estate
Regulation and governance
Restructuring and insolvency
Tax
Number of lawyers : 42
Arabic
Baluchi
English
Farsi
French
German
Gujarati
Hindi
Marathi
Punjabi
Russian
Swahili
Urdu
Contacts : Mansoor Jamal Malik
Contacts : Dr Said Hilall Al Busaidy

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/oman-commentary.html