Experience

Bankruptcy & Restructuring

Derayah LLPC (Saudilegal) regularly advises creditors and debtors in relation to major bankruptcy and restructuring matters, including advising on the largest Saudi Arabian restructuring and one of the largest restructurings in the world to date as well as advising on numerous bankruptcy and liquidation proceedings relating to numerous Saudi Arabian companies. The firm also has substantial expertise in advising on the Saudi Arabian Bankruptcy Law and other applicable laws and regulations. A representative list of our expertise is set out below:

• Counsel to a major Saudi Arabian conglomerate in relation to its recapitalization and restructuring plan, one of the largest transactions of its type in the world.
• Counsel to a German corporation in connection with the liquidation of its Saudi Arabian affiliate.
• Counsel to creditors in the bankruptcy proceedings of Saad Trading and Maan Al Sanea.
• Counsel to a creditor in the bankruptcy proceedings of Saudi Import Company Abdul Latif Banaja and Partners.
• Counsel to a creditor in the bankruptcy proceedings of Al Nahda Medical Company.
• Counsel to a creditor in the bankruptcy proceedings of Saleh Alabdullatif Group Trading Company.
• Counsel to a creditor in the bankruptcy proceedings of Al Aman Modern Energy Company.
• Counsel to a leading Saudi Arabian corporation in connection with its restructuring.
• Counsel to a creditor in the bankruptcy proceedings of Al Wafeer Aviation.
• Counsel to a creditor in the bankruptcy proceedings of Omar Ali Balsharaf Trading.