This month we bring you a special focus on a continent that boasts the world’s largest free trade area, a diverse economic make-up and increasing political stability. The latest edition of Law Update focuses on Africa, a territory that continues to be an attractive business and investment destination.
Like the rest of the world, Africa is still re-building from the impact of COVID-19, however, there continues to be an optimistic view of the opportunities the continent presents. An example of the appetite for investment into Africa was captured in a report we commissioned, titled Legal Leaders in MENA. Our survey of legal leaders revealed a resounding desire to expand into new territories, with 81% naming Africa as their investment destination of choice.Read the full edition
In rocky times, there is nothing more important for a business than having access to practical advice and effective legal services. At Al Tamimi & Company, we have the experience, expertise and reach to assist companies, debtors and creditors during such times.
Our Turnaround, Restructuring and Insolvency team has unrivalled experience in the Middle East and North Africa (MENA) region on formal and informal workouts, representing the full spectrum of stakeholders from corporate debtors to lender groups; creditor committees; board of directors and insolvency officers; bondholders; shareholders and private equity sponsors; and accountants and financial advisers.
On the creditor side, Al Tamimi & Company has expertise working on all aspects of the insolvency and restructuring journey, including standstill and moratoriums, debt rescheduling, debt purchases, rescue securitisations and guiding clients through the insolvency regime in the region. On the debtor side, we have a wealth of experience advising distressed companies and their investors in corporate reorganisations, asset sales, divestitures and other distressed transactions.
We are frequently retained as trusted advisers to shareholders, boards and senior management teams, and also work closely with other advisors internationally on issues specific to the MENA region including other international law firms, accountants and financial advisers.