Basma Khashoggi Joins K&A as Counsel

K&A is pleased to announce the addition of Basma Khashoggi, as Counsel, to its Tier 1 Corporate and Regulatory Practices.

 

Basma is both a Saudi Arabian and New York qualified senior lawyer who has significant experience in a wide range of corporate transactions and regulatory matters.

 

For corporate transactions, Basma’s experience includes joint ventures, mergers and acquisitions, corporate governance, restructuring, and franchising.  In addition to representing a wide-range of international and local clients, Basma has built sector-specific expertise in advising and working on transactions within the healthcare industry including pharmaceuticals, medical devices and biopharama, retail and e-commerce as well as hospitality and leisure.

 

For regulatory matters, Basma worked with a number of regulatory authorities in the Kingdom to draft legislation and drive legal reform.

 

Basma will continue the expansion of the firm’s presence across the Kingdom and will reside in K&A’s newly opened Jeddah office.

 

Managing Partner, Zeyad Khoshaim, commented: “We are delighted that a veteran internationally trained lawyer such as Basma has joined us. In K&A, she has found a home to grow the strongest Saudi Arabian firm with on-the-ground capabilities. With her broad experience and her specialized insights, her contribution will ensure that K&A’s clients are well served.”

 

This hiring comes on the back of K&A continuing to be ranked as tier 1 and band 1 by all major ranking journals: Chambers Global, IFLR 1000, and Legal 500, and has recently secured the engagement to a landmark merger in the Kingdom.


K&A successfully completes work on largest M&A deal in KSA history

After months of complex advice and assistance, K&A successfully assisted SABIC in completing what is the largest acquisition in Saudi Arabian history.

Saudi Aramco announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC) for a total purchase price of SAR 259.125 billion (US$ 69.1 billion).

 

K&A’s work on the transaction solidifies our M&A and Capital Markets capabilities, and our continued advice in connection with M&A transactions in the petrochemicals industry. Just last year, K&A closed the Saudi International Petrochemical Company, (SIPCHEM), in relation to its share swap public acquisition with Sahara Petrochemicals Company, (Sahara), another landmark transaction in Saudi Arabia.

 

This transaction comes on the heels of K&A being named M&A Law Firm of the year by IFN and dominating the Legal 500 rankings.

 


K&A Managing Partner interviewed by Oxford Business Group

K&A Managing Partner, Zeyad S. Khoshaim, sat down with Oxford Business Group in a video interview to discuss Saudi Arabia’s legal framework. Amongst the topics discussed were Saudi Arabia’s reforms to: (i) further attract foreign direct investment; (ii) ensure a transparent and robust capital markets; (iii) and enhance rules that govern dispute resolution and arbitration. The interview also provides a primer on sources of Saudi Arabia law and how Sharia is applied in Saudi Arabia.

 

Thank you to the Oxford Business Group for their thoughtful questions and reporting on Saudi Arabia, and it was a pleasure to host you at our offices.

 

Watch the full video here: http://ow.ly/JzZg30qDh8w


K&A Dominates Legal 500 with Tier 1 rankings

For the second year in a row, K&A became the only Saudi Arabian law firm to have been ranked Tier 1 in the four core practice areas for the Legal 500 2020 rankings. K&A was specifically ranked Tier 1 in Capital Markets, Banking and Finance, Commercial, Corporate and M&A, and Dispute Resolution.

 

K&A also has the honor of having the most number of mentioned lawyers in the Legal 500 2020 rankings, with Managing Partner, Zeyad Khoshaim, becoming the only lawyer in Saudi Arabia to have been ranked as a “Leading Individual” in four practice areas namely Capital Markets, Commercial, Corporate and M&A, Dispute Resolution, and Real Estate and Construction.

 

Projects & Finance Partner Karim Wali, has been ranked in Banking and Finance, Partner Leen Zaza was named a Rising Star for Commercial, Corporate and M&A, and Partner Nasser Alrubayyi was named a Next Generation Partner in Dispute Resolution. Counsel Hamdan van den Brule was also mentioned to have brought strength to the team.

 

Congratulations to the K&A Team and hope we get to celebrate together soon.


K&A Announces opening of new Jeddah Office

Tuesday, 10th of December 2019

K&A, is pleased to announce the opening of a new office in Jeddah, Saudi Arabia. This will be K&A’s first office opening outside of its Riyadh main office.

 

K&A’s Jeddah office comes on the back of K&A serving a first-tier list of corporate clients in Saudi Arabia’s western region, along with a number of multinational investors looking to invest in that region. As these clients have increasingly turned to K&A for legal services, these relationships have deepened, creating a need for K&A to establish an on-the-ground presence to continue to expand those relationships. K&A also views key Vision 2030 projects in and around Saudi Arabia’s western region to be very important and in need of premium legal services.

 

K&A’s Jeddah-based team will be fully integrated with its 30+ lawyer legal team in Riyadh, and will cover the five practice areas the firm is known for: Corporate/M&A, Capital Markets, Finance and Projects, Dispute Resolution, and Regulatory. K&A’s “practice based” organizational structure should allow for quick integration of the two offices. This office-agnostic approach to management of our team allows K&A to deliver the best lawyers to its clients regardless of office location.

 

Managing Partner, Zeyad Khoshaim, commented: “The opening of the Jeddah office is a critical milestone to K&A’s maturity and reflects the deep relationships that we have built with our clients. We look forward to our contribution to that community and helping grow our practice further, with some of the best legal talent in Saudi Arabia that may have not been able to relocate to Riyadh.”

 

The opening of the Jeddah office follows K&A’s work on some of Saudi Arabia’s landmark transactions and litigation wins, including the Saudi Aramco / SABIC acquisition, the Sipchem / Sahara business merger, the enforcement of multimillion arbitration awards, and advising lenders and sponsors on various financings and projects including in respect of the Arabian Centres Company refinancing, and the Dumat Al Jandal wind project.

 

K&A has also achieved the prestigious status of becoming the only Saudi Arabian law firm to be ranked as band 1 in leading law firm ranking journal “Chambers Global” in all practices: Corporate/M&A, Financing, Dispute Resolution, and Capital Markets.

 

For press details contact

BD@Khoshaim.com


Amro Bakhaidar joins K&A as Counsel

Thursday, 28th of November 2019

Amro Bakhaidar joins K&A as Counsel

K&A is pleased to announce the addition of Amro Bakhaidar, as Counsel, to its Tier One Capital Market Practice.

Amro is a senior lawyer who has significant experience in a wide range of capital market transactions including IPOs, rights issue, private transactions, investment funds, and public M&A.  He advised local, international and government entities on transactions in the energy, shipping, banking, insurance, petrochemical, and pharmaceutical industries.

Amro joins K&A on the back of a very successful year. K&A is now ranked as tier 1 and band 1 by all major ranking journals: Chambers Global, IFLR 1000, and Legal 500, and recently won the IFLR 1000 Award for the public merger of SABB and AlAlwwal.

Managing Partner, Zeyad Khoshaim, commented: “We are glad to have someone of Amro’s caliber join us. His goals fully align with our strategy of building our on-the-ground technical expertise and execution capability. With the CMA focusing on enhancing the capital markets regulatory framework, including the promotion of cross listings, accelerated bookbuilds, and other structures, our capital markets practice continues to be a prime focus of our growth.”


K&A dominates IFLR 1000 Rankings

Sunday, 10th of November 2019

K&A has been ranked Tier 1 in ALL practice areas for the IFLR 1000 2020 rankings. IFLR1000 is the guide to the world’s leading financial law firms and lawyers. We were specifically ranked Tier 1 in Banking, Capital Markets: Debt and Equity, M&A, Project Development and Project Finance.

Congratulations to the K&A team for this honor from IFLR 1000 2020, one of the world’s leading research guides. This cements K&A’s standing in Saudi Arabia, having achieved Tier 1 rankings in all practice areas in Chambers Global and IFLR 1000 as well last year.

K&A Managing Partner, Zeyad Khoshaim, was also individually ranked in Corporate/M&A, Capital Markets, along with Projects & Finance Partner Karim Wali, who is ranked in Banking & Finance, Leen Zaza who ranked in M&A.

Some of our client’s feedback included the following:

  • “K&A is excellent at communicating effectively, being responsive to requests and meeting deadlines.”
  • “Very professional. Knowledgeable about local context. Good client management.”
  • “Our main contact person on the transaction, Ms Leen Zaza was truly impressive, especially in negotiating the SPA. This is clearly her strength.”
  • “Excellent overall. Very good drafting. Excellent negotiation techniques.”

K&A wins M&A Law Firm of the Year by IFN Law Awards

Congratulations to the K&A mergers and acquisitions team for winning M&A Law Firm of the Year by IFN Law Awards 2019!

 

IFN Law awarded K&A the prestigious IFN Law Award for best law firm of the year in the M&A category. Competition for this award ranged from national firms to global firms. IFN examines the firms from a qualitative perspective and assesses whether they are breaking new ground and working on sophisticated transactions.

 

K&A Managing Partner, Zeyad Khoshaim, commented “We are very pleased with receiving this award from IFN. It goes to demonstrate that our strategy of merging local transactional and knowledge capabilities with international-level execution capabilities yields the results that our clients expect: on-the-ground first class M&A expertise.”

 

This award comes on the back of K&A advising on landmark M&A transactions, including advising SABIC on its acquisition by Saudi Aramco, the share swap transaction between SIPCHEM and Sahara, and the merger between SABB and AlAwwal.

 

This award also follows K&A having achieved the prestigious status of becoming the only Saudi Arabian law firm to be ranked as band 1 in leading law firms ranking journal “Chambers Global” in all practices: Corporate/M&A, Financing, Dispute Resolution, and Capital Markets.

https://www.islamicfinancenews.com/daily-cover-story-ifn-law-awards-2019-honor-eight-outstanding-law-firms-for-groundbreaking-work-in-islamic-finance.html

http://www.khoshaim.com/chambers-partners-ranking-2018/


Hamdan van den Brule joins K&A as Counsel

Monday, 26 August 2019

K&A is pleased to announce the addition of Hamdan van den Brule, as Counsel, to its tier 1 Finance & Projects practice.

With more than 17 years of experience in the field, Hamdan has extensive knowledge of Saudi Arabian law and specializes in project development, construction contracts (FIDIC or others), Islamic financing and related areas. Hamdan has extensive experience advising on, and negotiating, the sponsor-side development of projects, including in the power and petrochemical sectors, including shareholders agreements, offtake agreements, and EPC arrangements.

Hamdan previously worked as Senior Legal Counsel with Saudi Basic Industries Corporation (SABIC); as Senior Legal Counsel with Abu Dhabi National Energy Company (TAQA); and as Associate with Allen & Overy.

Commenting on Hamdan’s arrival, K&A Managing Partner, Zeyad Khoshaim, said: “We are delighted to have Hamdan join us. With his sponsor-side project development experience, we are confident that our Finance & Projects practice will continue to flourish.”

Hamdan joins at a time when K&A has achieved the prestigious status of becoming the only Saudi Arabian law firm to be ranked as band 1 in leading law firms ranking journal “Chambers Global” in all practices: Corporate/M&A, Financing, Dispute Resolution, and Capital Markets.