The Law Firm of Wael A. Alissa in association with Dentons
The Law Firm of Wael A. Alissa in association with Dentons has a strong client base, notably including the Saudi National Bank, European Bank for Reconstruction and Development, and the Saudi Arabian Ministry of Finance. Umera Ali leads the practice, splitting her time between Dubai and Riyadh - she focuses on restructuring, Islamic finance, and debt capital market restructuring.
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Work highlights
- Acted as counsel to a SNB in relation to the prepayment and conversion of the existing SAR 650,000,000 Ijara financing facility into a murabaha facility provided to Ahli RIET Fund (originally created prior to the issuance of the special purpose vehicle law allowing for investment fund to be created as special purposes vehicles), and the real estate mortgage law and the movable asset and pledge law in the KSA.
- Acted in relation to SAR1.150 Murabaha Facility provided to Muvi Cinema Company for the development of new cinemas in the Kingdom of Saudi Arabia.
- Assisting the consortium (which led by the UAE's Alcazar Capital) in preparing a bid for multiple leading social infrastructure PPPs being procured by Saudi Aramco in Saudi Arabia, including reviewing negotiating bid documentation, drafting commercial documentation (EPC and facilities management), advising on bid clarifications and procurement requirements and advising on and negotiating the financing.
Practice head
The lawyer(s) leading their teams.
Umera Ali