Middle East - Saudi Arabia
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Banking and finance

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DLA Piper Legal Consultants

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Combining their local knowledge and international experience, DLA Piper Legal Consultants’s team is renowned for its extensive knowledge of ‘complex financing transactions’. The team advises on a broad range of domestic and international financing transactions, with a focus on real estate financing, asset and project financing, Islamic financing, and leveraged and acquisition financing. The team is led by Riyadh-based Paul Latto , who is specialised in leveraged, acquisition and project financing, as well as restructurings. James Iremonger oversees the regional finance team across the Middle East.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team is highly knowledgeable on legal practices in complex financing transactions. They are flexible, accessible and responsive. They are at times associated in formulating upcoming regulations and are updated on latest happenings in KSA’

  • ‘I would particularly like to praise Paul Latto for being highly knowledgeable, responsive and flexible. If you give him an assignment, he will ensure that the time, budget and legal requirements are met to a client's satisfaction.’

Key clients

  • Creditors‘ Coordinating Committee for Ahmad Hamad Algosaibi Brothers & Company
  • Senior lenders to ACWA Power
  • Emirates Islamic Bank PJSC (EIB)

Work highlights

  • Acting for the creditors committee (“CoCom”) established by the Commercial Court in Dammam, Saudi Arabia presiding over the bankruptcy procedures, in relation to negotiatingthe financial reorganisation proposal (“FRP”) prepared by AHAB in consultation with the bankruptcy trustee for submission to the Commercial Court for ratification and to be approved by vote of the creditors of AHAB
  • Advised ACWA Power and Water and ElectricityHolding Company (Badeel) in the award winning Rounds 2 and 3 of the KSA’s Public Investment Fund (PIF) renewable energy procurement programme, totalling 7.1GW of solarcapacity over 5 projects (USD 4.5 billion). Aramco, through SAPCO, also participated assponsor in Round 2

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Paul Latto, James Iremonger