Firm / Organisation

Ferchiou & Associés

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Managing Partner: Noureddine Ferchiou
Number of partners: 6
Languages: Arabic, English, French, Italian

Firm Overview:
With over 30 years of experience in providing legal counsel and assistance, Ferchiou & Associés is recognized as a leading firm in Tunisia. The firm has been consistently involved in the country’s high-profile projects, whether in terms of investment or complexity and is well known for its negotiation skills. Clients range from international corporations and investors seeking to develop a business activity on the Tunisian market to active local groups in relation to their project development in the Tunisian market as well as overseas.

Noureddine Ferchiou, founder and managing partner, has over 30 years of governmental and institutional expertise with exceptional professional knowledge of the country’s opportunities, challenges, and ongoing business and legal opportunities.

Amina Larbi is a partner of the firm and is recognised for her expertise in projects and foreign investments and mergers and acquisitions, acting both for local and international corporations in their partnership and business ventures in various industries and trade sectors.

Nasr Kemicha leads the litigation department of Ferchiou and Associés as partner. Nasr has developed extensive experience in commercial litigation and arbitration on both a domestic and international level.

Omar and Rym Ferchiou were both made partners in 2018 and act as lawyers specializing in corporate law, mergers and acquisitions and banking and finance law and providing their legal assistance to both local and international clients.

Mohamed Naceur Nouri has recently joined the Ferchiou & Associés team. With over 25 years of experience, Naceur offers his expertise and legal assistance in the business and real estate sectors.

With partners ranging from different backgrounds and holding a variety of expertise, clients draw upon the skills of the country’s most connected, respected and integrated law firm.

Main Areas of Practice:

Banking & Finance:
Ferchiou & Associés has a long history of representing both international and local lenders and is recognised today as the market leader in Tunisia’s banking and leveraged financing industry. The firm provides expert counsels in regulatory, acquisition and asset finance, syndicated loans and credit facilities and capital markets.
2019 Transactional Highlights:
■Legal advisor for Natixis, Citibank, Standard Chartered Bank of a EUR 700 000 000 bond completed by the Tunisian Central Bank (“CBT”) acting on behalf of the Republic of Tunisia
■Legal assistance to the Société Tunisienne d’Electricité et du Gaz (STEG) in relation to a loan of up to EUR 121 000 000 granted by Islamic Development Bank
■Legal advisor to the European Investment Bank in relation to a loan of up to EUR 69 600 000 to Office National de l’Assainissement (ONAS), secured by a first demand guarantee of the Tunisian State
■Legal assistance to European Bank for Reconstruction and Development for providing an unsecured loan of up to EUR 24 000 000 to Tunisie Leasing Factoring, a major leasing company acting in Tunisia, for the financing of various sub-leases to MSME clients in Tunisia
■Legal advisor to PROPARCO in relation to a senior unsecured loan of up to EUR 12 000 000 to Compagnie Internationale de Leasing S.A.
Foreign Development Fund
■Legal assistance to a Bilateral Foreign Development Fund, Millennium Challenge Corporation, for the implementation of a Tunisian State funding program for the realization of development projects in the water sector and foreign investment climate

Mergers & Acquisitions:
The firm is very dynamic in the corporate sector representing emerging companies and investors in a variety of industries including: recapitalisation, restructuring, commercial partnerships, joint ventures and liquidation. The firm also provides expertise in private acquisitions, takeovers of listed companies, share acquisition and sale, stock exchange transactions, and corporate transition strategies.
2019 Transactional Highlights:
■Legal assistance to EnerSys in the relation to the sale of its participation in Assad, a major battery producer in the country, listed with the stock exchange.
■Legal counsel of Lesaffre in the-acquisition and postacquisition of Rayen Foods Industries, the sole producer of yeast in the country
■Legal counsel, in terms of merger control, of Volkswagen AG for the creation of a Joint-Venture with Ford Motors Company dedicated to the development of autonomous vehicles
■Legal counsel, in terms of merger control, of Peugeot SA for the merger and combination of its respective business with Fiat Chrysler Automobiles
■Assistance of international clients in connection with the analyse and understanding of the Tunisian legal environ- ment in areas like data protection, importation of pharma equipment’s, public procurements, IT, IP telecommunica- tion, banking and foreign exchange regulations, import and export processes, transport

Employment & Labour:
As a full-service law firm, Ferchiou & Associés advises on employment issues including advising multinationals on the implementation of internal employment policies and their compliance with Tunisian legislation. Energy & Renewable Energies Ferchiou & Associés is a market leader in the energy industry offering expertise in relation to renewable energies projects, it also assists its clients in relation to transfer of oil and gas assets, due diligence and regulatory compliance.
2019 Transactional Highlights:
■Legal advisor to Shelfdrilling in relation to establishment of a branch in Tunisia for the purposes of undertaking drilling activities to the major Italian drilling entities ENI
■Legal assistance of ETAP in the context of the constitution of a Joint Venture company with ENI for the production of electricity from renewable energies
■Legal assistance to the Tunisian State in relation to the negotiations of the Trans-Tunisian gas pipeline transporting gas from Algeria to Italy through Tunisia

Retail & Commercial Real Estate:
The firm is advising several important developers for the negotiation and implementation of their mixed use integrated projects including the development of residential and commercial complexes in various Tunisian regions.
2019 Transactional Highlights:
■Legal assistance to Indigo Property S.A in the review and negotiation of contractual documents for the establishment of Joint Ventures dedicated to the development of urban high standing malls in various regions of the country
■Legal assistance to an American multinational manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products (Estée Lauder) with respect to regulatory matters in relation to their products

The firm is a leading firm in the litigation sector, offering its services to a wide variety of clients, ranging from legal entities and private individuals in civil, commercial and criminal litigation. It also offers its services in arbitration and dispute resolution. 2019 Litigation Highlights:
■Legal counsel to Thomas Cook in relation to its wind-up process
■Legal counsel of the Emirates group Bukhatir in relation to its investment agreement concluded with the Tunisian State
■Defending the Libyan Foreign Bank (LFB) in a commercial litigation relating to a documentary credit valued at 250 Million USD

The firm has been involved in the assistance of hotel operators, constructors and owners in relation to their business development in Tunisia. Clients included brands and franchisors (Hilton, Mövenpick, Radisson, Marriott, …).

Sector Expertise:
■Banking & Financial Services
■Energy & Renewal Energies
■Hospitality Sector
■Oil & Gas
■Litigation & Arbitration
■Commercial & Real Estate
■IT & Communications