Financial services

We advise institutions across the financial sector on the full range of their commercial operations. Working with both lenders and borrowers, we combine commercial awareness with regulatory expertise. Our leading transactional banking practice, which is universally recommended by leading legal directories, is regularly involved in local and cross-border financing, including major regional deals, and has pioneered the use of new financial instruments and structures. We offer specialist Shariah law expertise, as well as extensive experience in traditional interest-based financings. Our dispute resolution department regularly represents major financial institutions in claims against borrowers, and also defends borrowers against creditor claims.

We represent some of the world’s largest insurance and reinsurance companies. We regularly advise on a range of insurance matters, including insurance contracts, incorporation and licensing of insurance companies, and litigation involving insurance claims, as well as significant amendments to insurance laws.

We advise high-net-worth individuals and families, trustees and private wealth industry professionals on the full range of legal issues connected to their investments. Our advice is designed to balance secure investments with global transparency and international mobility of capital. The team advises on all legal concerns as they affect private clients and families, including estate planning and trusts, family offices, family disputes, investments and real estate.

• Acumen Fund: financing projects in Pakistan.
• Adamjee Insurance Company Limited: represented client and consortium of insurance companies in arbitration proceedings and successfully negotiated a settlement in respect of one of the largest insurance claims relating to crude oil in Pakistan.
• Al-Meezan Investment Bank Limited: represented client in the Initial Public Offer of Rs. 270m.
• MetLife: advised on a range of insurance-related issues.
• Overseas Private Investment Corporation: USD 10 m credit facility to Tameer Micro Finance Bank Limited and in financing worth USD 9.89m provided to SSJD Bio-Energy Limited for a 12 MW power plant project based in Sindh, Pakistan.
• PICIC Insurance Limited: represented clients in the High Court and Civil Courts.
• United Bank Limited, Habib Bank Limited and National Bank of Pakistan: represented the consortium in the USD 70m Murabaha financing of Pakistan International Airlines for the acquisition of aircraft.