Al Busaidy, Mansoor Jamal & Co. (AMJ) is a globally-ranked, top-tier law firm of international quality established in Oman 40 years ago. It has been described as a rarity in the Middle East being an independent, national firm that tops the legal rankings. The firm’s 40-strong team of resident partners and associates is the largest in Oman providing clients with a breadth and depth of expertise and specialisation unique in the country. Five teams of experienced UK, US and Commonwealth-trained solicitors, barristers, Arab law specialists and Omani advocates serve a large portfolio of international and regional corporates, financial institutions, government and state-owned enterprises, trading houses, and high net-worth individuals. The teams include the greatest number of elite and ranked lawyers in the jurisdiction known for their involvement in innovative, ‘first of a kind’ deals and major projects in Oman and the region. Recent highlights include advising on the landmark restructuring of Oman’s aviation, transport and logistics and utilities sectors as well as advising the Government on several jumbo bond and sukuk issuances.
Main Areas of Practice:
Banking and Finance AMJ’s banking and finance team handles large-scale domestic and cross-border transactions for Omani and international banks, international finance and export credit agencies, government bodies (including the Sultanate of Oman itself), issuers (corporate and sovereign), asset managers, funds, private equity participants and project sponsors. They regularly advise borrowers and lenders on the full range of financing structures, in both the conventional and Shariah-compliant space. AMJ has been involved in the majority of the government’s estimated US$34 billion external borrowings over the last three years. The team has also won heavyweight mandates from international and regional banking institutions in the wholesale lending market. AMJ’s dedicated Islamic finance team has advised on numerous ‘first of a kind’ Islamic and hybrid real estate development financings and product developments. The team also comprises dedicated Islamic finance experts with experience of working on complex Shariah-compliant transactions across the globe and regularly advises Islamic banks and windows on their bond and/or sukuk issuances as well as development of their retail products for introduction into the Omani market. The Islamic finance team has also been at the forefront of advising on various regulations prepared by regulatory bodies in Oman.
Corporate/Capital Markets and M&A AMJ has the largest corporate/capital markets and M & A practice in Oman advising the Government of Oman, leading corporates and institutions on the full spectrum of corporate, capital markets and M&A work. It regularly acts for corporate clients in headline capital market transactions (including IPOs, rights and private placement issues). It also advises on the establishment of investment funds (ETFs and open-ended funds) and bond issues. The team also advises on high-profile M&A deals and private equity transactions. AMJ’s corporate teams have advised on a number of privatisation projects and complex restructurings. The team provides advise on the full range of securities laws and regulations, bankruptcy laws, corporate governance, compliance and other regulatory matters. AMJ has been at the forefront of ground-breaking capital market developments such as swaps and derivatives.
