Latham & Watkins LLP, Banking & Finance

Chambers Review

Provided by Chambers

Banking & Finance - Saudi Arabia

Band 1

What the Team is Known For

Latham & Watkins is one of the leading law firms in Saudi Arabia, and its Riyadh banking team is consistently active on an array of market-leading transactions. It is highly rated for its Islamic finance expertise and is a key adviser on numerous high-value murabaha and ijarah facilities, as well as taking on noteworthy instructions relating to the Kingdom's nascent commercial bankruptcy regime. The firm is also known as one of the principal legal advisers for the Saudi Arabian government, including various ministries and state-owned entities.

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Work Highlights

Provided by Latham & Watkins LLP

Latham & Watkins acted as counsel to Saudi Arabia's Ministry of Finance on a variety of issues stemming from the approximately SAR90 billion bankruptcy of the Saudi Binladin Group.

Strengths

Provided by Chambers

The Latham team is always available and up to date with the latest developments in the market.

Banking & Finance respondent
Global

They are efficient and give timely advice.

Banking & Finance respondent
Global

The Latham team is always available and up to date with the latest developments in the market.

Banking & Finance respondent
Global

They are efficient and give timely advice.

Banking & Finance respondent
Global

Notable Practitioners

Provided by Chambers

Salman Al-Sudairi

Band 3

Salman Al-Sudairi is a well-known lawyer who is well versed in the full gamut of transactional matters, including financing as well as M&A. Of late, this work has included several highly significant restructuring and refinancing matters.

Salman Al-Sudairi is a highly regarded lawyer.

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Peter Norris

Up and Coming

Peter Norris is a Riyadh-based counsel who plays an increasingly prominent role on Latham & Watkins' Saudi banking and finance matters. He regularly advises on murabaha and syndicated facilities. A major portion of his workload also relates to Saudi restructuring or refinancing agreements.

Peter is our go-to banking lawyer in Saudi Arabia. He is responsive, experienced and adds value.

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Harjaskaran Rai

Expertise Based Abroad

Harj Rai co-heads the Saudi Arabia practice at Latham & Watkins. He is noted for his deep experience in Islamic finance. He is particularly adept in murabaha, and has represented several impressive clients in the real estate and oil and gas sectors. He is now based in London, after a number of years handling Saudi matters from the UAE.

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