We routinely advise the management and shareholders of banks and financial institutions in relation to their day-to-day activities. Our experience also includes two acquisitions and one merger of banks. Additionally, as a result of our expertise in the sector, we are continuously sought after in relation to regulatory advice.

Sample of our experience:

• Advised investors on all aspects of the incorporation of a bank; represented them in the incorporation of the bank as well as the procurement of all licenses and permits required thereto;

• Represented investors on the setup and management of a number of investment funds;

• Represented a local bank in the creation of a financial institution that would act as a “Bad Bank” which would carry the bank’s non-recoverable debts;

• Represented a client in the development of the legal framework of a now patented e-banking product which allows higher security in transactions by check without breaching the Lebanese banking secrecy regulations. Drafted all agreements necessary for the product; including, licensing agreements, sub-licensing agreements, as well as agreements with banks and suppliers;

• Represented banks in litigations and disputes relating to debt recovery, bankruptcy, and breach of contract by customers;

• Drafted sample agreements (e.g. terms and conditions of checking, credit, current, savings, joint accounts, debt tabulation agreements, subscription agreements, mortgage agreements and guarantees) for a number of banks and financial institutions;

• Advised banks in a variety of issues relating to the Lebanese banking secrecy and anti-money laundering laws, financings, commercial transactions, corporate, commercial, civil and labor laws.