Managing Partner: Said Al Shahry
Partners: Thamer Al Shahry, Eman Al Shahry, Ahmed Subai
Number of partners: 4 Number of lawyers: 27
Languages: Afrikaans, Arabic, English, French, Greek, Gujarati, Hindi, Korean, Malay, Spanish, Swahili
SASLO is an Omani full-service law firm with international experience, providing legal services for more than 26 years across a broad range of sectors and practice areas. SASLO has advised on some of the most complex financing and infrastructure projects in the Sultanate and has been involved in significant litigation and arbitration in Oman setting precedents with the Supreme Court. SASLO has reputation for providing practical and commercial advice in the context of Omani regulatory and legal requirements. SASLO has a good working relationship with all the Government ministries and decision makers within Oman whose remit affects the business of both local and international clients. In addition to this, SASLO has regularly acted as advisers to Government to the regulatory development of the business environment. Having its head office in Muscat and branches in Sohar and Salalah, SASLO is capable to respond rapidly to the legal needs of its clients anywhere in the Sultanate of Oman.
Main Areas of Practice:
Banking & Finance
Energy & Utilities
Hotels & Tourism
Infrastructure & Natural Resources
Litigation & Arbitration
Logistics & Procurement
Mergers & Acquisitions
Oil & Gas
Projects, Privatisation & Project Finance
Telecommunication & Technology
Corporate/Mergers & Acquisitions/Restructuring/Capital Market:
SASLO advises on a wide spectrum of corporate, commercial, M&A, complex restructuring and capital market matters. It represents a wide range of clients, including the Government of Oman, Government-owned companies, leading local and international corporates and institutions. It acts for corporate clients in capital market transactions, bonds, rights issues, private equity transactions, complex restructurings and M&A. The firm provides advice on the full range of securities laws and regulations, corporate governance, compliance, antimoney laundering and bribery & corruption laws and other regulatory issues. Recent highlights include advising Octal on the restructuring of its share capital, Oman Air and Oman Aviation Group on the restructuring of Oman Air, advising Ahli Bank on the issuance of up to RO 75,000,000 Perpetual Bonds as an Additional Tier 1 Capital Instruments, for the purpose of increasing its capital adequacy, advising a leading international engineering service provider on the restructuring of its long-standing local engineering joint venture in Oman.
Banking & Finance:
SASLO has one of the Sultanate’s pre-eminent corporate finance and banking practices. The firm provides a full range of legal advisory services concerning, amongst other things, corporate finance, investment banking, project finance, real estate developments, restructuring and insolvency, mezzanine finance, acquisition finance, Islamic finance, leveraged finance, banking and finance disputes. In the banking and finance sector, some of major clients include Ahli Bank SAOG, Bank Muscat SAOG, Bank of Singapore, HSBC, Oman Development Bank SAOC, Shinsei Bank, Standard Chartered Bank, State Bank of India, The Bank of New York Mellon and Visa Middle East FZ-LLC.
Projects, Privatisation & Project Finance:
SASLO’s lawyers have extensive experience advising on legal matters related to project structuring and development, financing, government regulation, construction and other contract issues across every sector including infrastructure, power, utilities, oil and gas, mining, telecoms, water, renewable energy and construction. Following are a selection of highlights, chosen to reflect the depth and breadth of the firm’s experience:
■Advising a bidding consortium for the Khasab IWP on matters pertaining to the pre-bid stage
■Advising a bidding consortium for the Barka IWP, a greenfield lone standing desalination project to be established in Barka, on matters pertaining to the pre-bid stage and during the preferred bidder phase
■Advised and acted for a consortium of international lenders financing the Barka IWP
■Advising and acting for a syndicate of lenders financing the Sohar IWP, A green-field desalination project to be established in Sohar
■Acting as counsel for Arab Banking Corporation (BSC), the lenders on the development of the Sohar Ferrochrome Project, a green field high carbon ferrochrome project, approximate value of transaction USD 175 Million
■Acting as lender’s counsel to Ahli Bank SAOG on several project financing deals
■Advising a bidding consortium for the Sharqiyah IWP on matters pertaining to the pre-bid stage and during the preferred bidder phase and acting as lender’s counsel for the pre-bid stage
■Advised the Government of the Sultanate of Oman represented by the Ministry of Electricity and Water in the Sultanate’s first privatisation project called Al Manah Power Project in the electricity sector
Litigation & International Arbitration:
SASLO’s specialist multi-lingual lawyers are recognised as Oman’s leading litigation and arbitrators in several high-profile commercial and investment disputes, in ad hoc or institutional proceedings. SASLO has for many years retained among its legal professionals selected individual practitioners with deep and long standing international experience in many fields of practice. SASLO’s lawyers are frequently appointed to sit as arbitrators and several are members of international arbitration bodies such as the Chartered Institute of Arbitrators. Notable cases include:
■Acted as the sole Arbitrator appointed by the court in a major construction dispute between a Government Ministry and a Contractor in relation to the construction of the Ministry’s head office building
■Advising a Middle Eastern Government in an on-going ICC arbitrations relating to a disputes concerning a major infrastructure project
■Successfully advised an Omani Petroleum and Production Company as counsel against the EPC Contractor in multiple claims and counter-claims emanating from the failure of the EPC Contractor to complete the works with the agreed time for completion
■Advised Public Authority for Social Insurance (PASI) in arbitration proceedings brought by a contractor against PASI and the counterclaim of PASI. The arbitrator issued an award for damages and recovery of money in favour of PASI
■Advised Rotana Hotel Management Corp Ltd in the arbitration proceedings which resulted from a premature termination of a Hotel Management Agreement under which Rotana Hotel Management Corp Ltd., was granted the right to operate and manage a hotel of Gulf Hotels Oman Ltd. SAOG
Hospitality, Hotels & Tourism:
SASLO is on the legal panel of Oman Tourism Development Company SAOC (OMRAN) one of the biggest tourism development company and regularly advises and assists OMRAN on real estate development, hotel management, contracts and corporate matters such. Major clients include Hotels Management Company International SAOG (Chedi Muscat), Millennium Resort Mussanah, Hilton Salalah, and Anantara Jabal Akhdar Resort. Recently, the firm concluded major acquisition for Aitken Spence Hotel Management (Pvt) Company.
Labour & Employment:
SASLO has a team of specialised employment lawyers, who advise clients, both employers and employees, on all aspects of labour law. The firm acts for a wide array of companies, both foreign and local, in ensuring compliance with the requirements of Omani labour law, drafting employment manuals and internal procedures. SASLO also represents both employers and employees in labour disputes both before the Labour Disputes Settlement Department of the Ministry of Manpower and at all three levels of the Omani court system. Examples of work include:
■Regularly advises OCTAL and ORPIC, retained clients of SASLO, on review and amendment of employment policies and employment contracts, leave policy, Trade Union issues and conducting negotiations with Ministry of Manpower on disputes with the Trade Union, end of service benefits, penalties imposed by Ministry of Manpower, disciplinary policy review, termination and settlement issues, secondment provisions and agreement, and represented the company in labour disputes at all levels of courts
■Regularly advises Schlumberger, a retained client of SASLO, on several employment issues such as end of service benefits, unjustified leaves of absence, redeployment, transfer of employees, and represented the company in several labour disputes at all levels of courts
SASLO has very strong experience in the field of legislative drafting. SASLO has been engaged over the years by the responsible Omani authorities in drafting a number of laws and regulations.
SASLO key clients across different sectors include ASYAD Group, Oman Air SAOC, Oman Aviation Services SAOC, Oman India Fertilizer Company SAOC, OCTAL, Oman LNG, Orpic, Oman Qatar Insurance Company SAOG, Ahli Bank, Bank Muscat, HSBC Bank SAOG, Oman Development Bank, Oman Tourism Development Company (OMRAN), Muscat Electricity Development Company SAOC, Schlumberger Oman, Dhofar Power Company SAOC.