Eltumi Partners > Tripoli, Libya > Firm Profile

Eltumi Partners
Wahran Street
Dahra
Libya

Libya > Leading firms Tier 1

Eltumi Partners' full-service offering has an excellent reputation for advising on energy and infrastructure projects, and is also well equipped to assist public sector entities with alternative dispute resolution. Led by Tarek Eltumi, the practice is supported by the firm's office in London. Nusaiba Alraes is a key practitioner to note.

Practice head(s):

Tarek Eltumi

Other key lawyers:

Eltumi & Co is a leading Libyan law firm
We provide expert commercial legal advice with the same level of service as an international law firm.

Our aim is to make doing business in Libya as smooth and straightforward as possible for you. We add value through clear, expert and trusted legal advice for realistic solutions and commercial success.

About us: We make doing business in Libya smooth and straightforward through clear and expert legal advice for realistic solutions and commercial success. We work with companies all over the world in sectors including oil and gas, infrastructure, transport, construction, telecommunications, power generation and renewable energy.

Our team: We are a fully-fledged practice offering clients with an interest in Libya the ideal combination: breadth of industry knowledge and depth of commercial legal skills.

Practice areas: We understand the market nuances in applying legal and business principles to a Libyan setting and are highly acclaimed in each of our key practice areas: arbitration and litigation, corporate, energy and infrastructure, and finance and investment.

Our 360° perspective: We advise leading international names, including contractors, oil and gas companies and international banks, on all their Libyan law needs, with a deep appreciation of the business drivers and commercial pressures faced. Having also acted for Libyan government agencies, organisations and enterprises, we understand the perspective of every party involved.

Committed to Libya: Our interest lies in helping Libya prosper socially and economically through strengthening the rule of law. We are apolitical and maintain close relationships with the business community, legal academics and accountants.

Navigating uncertainties: We know the realities and practicalities of the governmental, business and legal environments in Libya perfectly. We have successfully closed a series of first-of-their-kind deals and acted on high value disputes before courts including the courts in Libya, the International Chamber of Commerce in Paris, the London Court of International Arbitration and the High Court in London.

Bringing Libya to your doorstep: Our London and Tripoli locations gives us the flexibility to work with clients all over the world. We can also work wherever and whenever we are needed, and travel at short notice without visa or passport restrictions. Eltumi & Co maintains complete levels of confidentiality and integrity, with IT systems that carry the highest levels of encryption.

The team: Eltumi & Co. is a fully-fledged practice. We offer clients with an interest in Libya the ideal combination: breadth of industry knowledge and depth of commercial legal skills.

Our key sectors include oil & gas, infrastructure, transport, construction, telecommunications, power generation and renewable energy, and we work with leading companies all over the world. The advantage of our lawyers being both Libyan- and western-educated means we can relate to clients wherever they are – without any legal or cultural divide.

As leading Libyan lawyers, we understand the strategic, geographical and political factors involved and take a holistic approach in understanding potential issues and identifying the best possible solutions for our clients.

Practice areas
Arbitration and litigation:
An in-depth approach: Every single issue and angle is considered for an informed decision and positive outcome.
We take pride in winning, whatever our role. We can act as Libyan counsel as part of your dispute management team, provide discreet advice on standalone issues of Libyan law or act as expert witness on complex questions of Libyan law.

We represent clients before all types of trial, appellate, regulatory and alternative dispute resolution tribunals in Libya, Europe, the Gulf and sub-Saharan Africa. We also regularly act for clients in arbitration matters brought before the International Chamber of Commerce.

We are particularly strong advising on the growing regulatory requirements for business with, or done by, Libyan state-owned entities. We understand the current international Libya sanctions regime and the risk mitigation measures required to avoid exposure to litigation from the very start.

Corporate:
An impressive deal sheet: Our success speaks for itself, as many of our private international clients, domestic and government-run enterprises have discovered.
We regularly advise on establishing and structuring market entry vehicles, such as joint venture companies or branch offices, and on market exit options. Our added value comes through our extensive experience of having worked on such matters, whether in-house or for international companies and with governments.

We advise on Libyan law aspects of shareholder agreements, joint venture agreements, mergers and acquisitions. We also act on establishing and licensing corporate vehicles according to local laws, as well as on winding them up.

It’s not just the big picture that’s important; the day-to-day issues of running a Libyan business matter too. We also help with employment law, customs, and local banking and foreign exchange control regulations.

Energy and infrastructure:
A strong track record: We understand the energy and infrastructure industries inside-out, from the pitfalls to the possibilities.
In this rapidly changing landscape, the need to balance competitiveness and sustainability is more important than ever. We know the factors that play a role in defining the energy and infrastructure industries and in achieving their goals, and the business issues and risks involved.

Eltumi & Co. has extensive experience of project development in oil and gas, housing and infrastructure, real estate and tourism. Thanks to our broad knowledge and global insights, international oil companies, oil services companies, power generation companies and project developers regularly instruct us to advise them on how to invest in, structure, manage and divest from projects and concessions in Libya.

Our projects are large scale and landmark, contracted through the Administrative Contracts Regulations and local standard form contracts on an EPC, BOT or cost-plus basis.

We can also advise on implementing PPPs in Libya: we were responsible for drafting a PPP law to create the statutory regime for this project delivery platform.

Finance and investment:
A reputation for success: We have acted on some of the highest profile finance deals in Libya, combining our international experience with local understanding.
We have acted for global, regional and local banks, private equity funds and foreign capital investors and developers on a range of innovative finance deals in the market. These include financing oil drilling rigs, oil transport tankers, hotels and investment projects.

We have closed many first-of-their-kind deals and understand how to import and restructure western and Islamic finance principles to form valid, binding and enforceable obligations under Libyan law. We can run a finance transaction right the way through from due diligence to managing the closure of conditions precedent and conditions subsequent.

We also have significant experience in establishing projects under foreign direct capital investment laws and regulations, and are one of only a few law firms to have successfully negotiated the non-litigious divestment of a foreign shareholder from an investment portfolio held in Libya.

Department Name Email Telephone
Managing Partner Tarek Eltumi info@eltumiandco.com
Partner : 1
Counsel : 1
Associate : 3
Legal Assistant : 1
Arabic
English (fluent)
Libyan Bar Association
The New York State Bar Association
Solicitors Regulation Authority

Tarek Eltumi, Partner

Tarek Eltumi shares insights into the legal landscape in Libya, the challenges and opportunities that commercial law firms face, and the firm’s vision for future growth.

What do you see as the main points that differentiate Eltumi & Co from your competitors?

Breadth of industry knowledge and depth of commercial legal skills are key components of our client offering. We understand our clients’ sectors, such as energy and infrastructure, and adopt a rigorous analytical approach to solving commercial issues through practical application of the law. Our approach to client service is based on innovation, efficiency and responsiveness. Our aim is to create and foster a client experience no different to that found in leading legal markets around the world, albeit in a Libyan setting.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

In the next 12 months, we expect to see significant growth in energy and infrastructure projects as the international energy crisis refocuses attention on Libya as a viable source of both hydrocarbon and renewable energy. We expect this will encourage growth in the Libyan economy, through an increase in international investment in the country, in both energy and infrastructure projects. Ongoing reform of the Libyan legal system, such as the introduction of a new Electronic Transactions law and a new corporate Code of Conduct, will mean the demand for legal services is likely to increase.

What’s the main change you’ve made in the firm that will benefit clients?

The growth of our team in terms of both quantity and quality is key to supporting our clients’ needs and absorbing demand for legal services. Our team continues to grow both laterally and organically, as the firm continues to invest in developing the next generation of commercial lawyers in the Libyan market through an intensive training and professional skills program. In addition, our team’s involvement in international corporate and energy matters means we are increasingly well placed to handle the most complex projects and issues for our clients.

Is technology changing the way you interact with your clients, and the services you can provide them?

We make significant investments in the development and maintenance of the firm’s technology to streamline and improve our clients’ experience. We are expecting artificial intelligence to impact legal-tech solutions in such a way that will complement our client offering by increasing efficiency, accuracy and capacity to attend to substantive legal work. At present, the firm utilises legal technology in all aspects of our client facing and back-office operations, including leading DMS, billing and cybersecurity software.

Can you give us a practical example of how you have helped a client to add value to their business?

In a landmark deal to launch Libya’s largest renewable energy project, Eltumi & Co utilised its unique understanding of the energy and infrastructure legal landscape and ability to successfully interface with government stakeholders to ensure the structuring, negotiation and signing of the deal happened according to the clients’ expectations. Another example is where we helped lead our clients’ expansion into the market through registering their branch, negotiating their first major energy contract and going above and beyond by guiding them through operational aspects of launching their activities through our network of trusted service providers.

Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Having consolidated our presence in the Libyan market over the last five years, our future strategy will see a concentrated sectoral focus on energy and infrastructure given Libya’s obvious potential in contributing to regional and international demands for increased supply of hydrocarbon and renewable energy. Libya’s growing demand for improved socio-economic infrastructure and public services will mean we will be well placed to assist both domestic and international clients in delivering these projects, particularly using PPP, BOT and BOOT methods. Our lawyers will continue to focus on local projects and deals and will continue our exposure to regional and international matters. We also expect to grow in terms of headcount, at both senior and junior levels through lateral hires, internal growth and development and recruitment of the best young legal talent from Libya’s universities.

LIBYA

Eltumi & Co specializes in providing our clients with expert legal advice that offers realistic solutions for achieving commercial success. Our team of experienced lawyers offers comprehensive legal services in various fields, including corporate law, dispute resolution, banking and finance, energy, infrastructure, and oil and gas, with the same level of service you would expect from an international law firm.

We understand the intricacies of the Libyan market and use our knowledge of legal and business principles to provide smooth and straightforward solutions to our clients. Our reputation is built on successfully closing a series of first-of-their-kind deals and handling high-value disputes before courts in Libya, the International Chamber of Commerce in Paris, the London Court of International Arbitration, and the High Court in London.

At Eltumi & Co, we are committed to strengthening the rule of law in Libya and helping the country prosper socially and economically. To achieve this, we work closely with the business community, legal academics, and accountants, and maintain strong relationships with leading international contractors, oil and gas companies, and international banks.

Located in London, we offer flexibility in working with clients all over the world and can travel at short notice without visa or passport restrictions. Our IT systems have the highest levels of encryption to ensure complete confidentiality and integrity.

We are dedicated to providing our clients with the highest level of service and expertise, tailored to their unique legal needs. Our team of experienced lawyers maintains an open and honest approach to legal representation, keeping our clients informed of all legal developments. We understand the importance of providing quality legal advice and representation and work closely with our clients to ensure the best outcome for their case.