The deal involved the restructuring of the conventional and Sharia-compliant financing arrangements provided to certain subsidiaries of Adeem Investment and Wealth Management, a leading investment and Islamic financial company based in Kuwait.
The Ogier team, led by Partner Bruce MacNeil, Senior Associate Philip Keun and Associate Tara O’Driscoll from the firm’s Banking and Finance team in Jersey, advised Adeem Investment and Wealth Management and its affiliates on the Jersey law aspects of the deal, alongside Latham & Watkins in Dubai.
Partner Bruce MacNeil said: “We’re delighted that this deal has been recognised by IFLR – this was a particularly high profile and significant restructuring in terms of jurisdictional scope and complexity, and showcased our team’s agility and responsiveness in the face of rapid developments.”