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Al Markaz Law Firm – A Legal 500 Top-Tier Firm

In its annual law firm rankings worldwide, Legal 500 has recently ranked Al Markaz Law Firm as a Top-Tier firm in the Banking and Finance area for the year 2015.

Among some of Al Markaz law Firm’s remarkable deals that have contributed greatly to this ranking are Investment Dar’s major debt restructuring and two settlement-in-kind transactions. Al Markaz has acted as Kuwaiti counsel in the first settlement-in-kind which was spread across five jurisdictions and included (but is not limited to) advising on all aspects of refinancing, the agreement on security packages relating to different classes of assets, debt-to-equity and debt-to-asset swap, all within the scope of the Kuwaiti Financial Stability Law (No. 2 of 2009). As for the second transaction, Al Markaz acted on behalf of The Investment Dar as lead counsel, which required creating a debt restructuring plan that preserved the interests of all stakeholders, advising on all aspects of the refinancing, negotiating security packages relating to different classes of assets, debt-to-equity and debt-to-asset swap.

Another major case is attributed to their unmatched strength and legal expertise in the banking and financing sector is Lagoon City Sukuk settlement, whereby Al Markaz Law Firm acted on behalf a client in their settlement in relation to a dispute arising from a USD $200,000,000 Islamic finance mudaraba sukuk. Moreover, our legal team has successfully advised and acted on behalf of a client, in regards to the construction of the Khairan Pearl City in the State of Kuwait, with the enforcement of their security in relation to the USD$200,000,000 Islamic finance musharaka sukuk.

 

At Al Markaz, we have deep market knowledge and expertise that gives us the strength to always remain at the forefront of the banking and finance industry and navigate their complexities with ease. We advise on all aspects of domestic and cross-border transaction, including capital markets, acquisition financing, restructuring and insolvency, banking regulatory, asset based lending and asset financing. Our top tier position is demonstrated by the broad spectrum of financial products and precedent-setting cases we advise on, as well as our ability to develop innovative solutions for our clients to meet the demands and volatility of today’s financial markets. Additionally, our team has a long-standing reputation in their excellence in structuring, advising and documenting a wide range of Shariah-compliant transactions on behalf of major Islamic banks and financial institutions, from structured and corporate finance and debt capital markets, project finance, trade finance, real estate and asset finance.