Solicitors governing body: Jordanian Bar Association
Competition authority: Competition Directorate at the Ministry of Industry and Trade
Financial regulator: Central Bank of Jordan
IFLR1000 ranking categories for this jurisdiction:
Jordan is a civil law country whose basis is the constitution, originally adopted in 1952 following the formation of the modern sovereign state.
There are clear restrictions on who can practice as a Jordanian lawyer (mohamy), the starkest of which is that the candidate must have been a Jordanian citizen for at least 10 years prior to their application for registration in the Table of Lawyers.
Foreign law firms are technically permitted to establish offices in the country, but the rules around licensing and the hiring of local lawyers is unclear, apart from the requirement that firms must be owned by Jordanian lawyers. Associations between local and foreign law firms however are permitted.
The result of these various restrictions means that those international law firms with Jordan practices tend to operate associations with local lawyers rather than establishing an office, the exception to this is Middle East regional firm Al Tamimi & Co. Restrictions aside, the market is also not large enough for most international firms to justify establishing a presence.
Most Jordanian lawyers advise on a variety of business and corporate law matters and the market is not large enough to support narrow specialists.
In the current research period A & T Najdawi Law Office has predominantly been active in the projects area, with mandates related to development and financing of infrastructure construction.
The firm has been advising on power and transport development matters for Jordanian public-sector clients including the Ministry of Transport and Greater Municipality of Amman, and advised on financings for the EBRD.
"I had the pleasure of working with A & T Najdawi law firm. Thaer Najdawi has an exceptionally strong eye for detail that has been a benefit to our company on more than one occasion." – Banking, investment funds
Regional firm Al Tamimi & Co has been active on financial and corporate and project development mandates in the research period.
Notable financial and corporate deals for the firm include several lender side banking deals for Standard Chartered and Credit and Suisse, and M&A. In the latter area, the firm had several buy-side roles on inbound deals.
In the projects area the firm’s work has included mandates related to energy developments, including representing a project company on a solar power plant project and advising foreign contractors on securing Jordan construction licences.
Barghouti Khirfan Hattar Advocates has been particularly active in M&A during the research period and worked on deals in the food, financial services, and transport sectors.
Among the highlights were roles for Airport International Group when it sold a stake in the company, for Elite Way Marine Services when it sold a vessel, and for Pearl Strategic Investments when it divested of Zahran Company.
"I have been dealing with Advocate Yazan Barghouti prior to him incorporating bkh. He's a very well-rounded lawyer who exclusively represented our group operations throughout the world. He has advised our construction companies in Iraq, UAE and Jordan. He advised on the restructuring of our group, which is worth over $500 million, with companies in UAE, Iraq, Jordan, the UK and Canada. He handled all the acquisitions of our groups, arbitration claims, private equity work, project development work, etc. In a short span of time, in the hardest times Yazan built a law firm that differs from other firms in Jordan. The team is composed of excellent lawyers. Bkh today is a far more diligent and constructive law firm than any firm in Jordan. The quality of work, attention to detail and service provided is unmatched. Yazan is a respected and shrewd lawyer in Jordan who has quickly become a top tier lawyer in the MENA region, not only in Jordan. He has unmatched experience. The smoothness with which he concluded several acquisitions in the world at the same time was astonishing. He has refused large contracts specially from our group as he solely believes in his firm and the message they carry. So for the firm's strengths: diligent, attention to detail, honest, experienced, bilingual, with an excellent network around the world." – Financial and corporate, project development
Hammouri & Partners recent work includes a number of corporate mandates for energy sector clients, the details of which are confidential.
Notable clients in the research period included the Ministry of Energy & Mineral Resources, Jordan Petroleum Refinery Company, and Jordan Renewable Energy and Energy Efficiency Fund.
"Hammouri and Partners were highly qualified professionals with a diverse team of legal experts that were very responsive and delivered beyond expectations." - Banking, restructuring
"Yotta is a very capable professional, committed and delivered high quality products."
IBLAW’s deal highlights in the research period were all in the banking and finance area. Most notably they included advising the lenders financing a domestic solar project, and work for an international development bank lending cross border to domestic SMEs.
Khalifeh & Partners’ highlight work in the research period includes high value banking, project finance and development, and M&A mandates.
A notable banking deal saw the firm advise the lenders financing the acquisition of a stake in Arab Bank.
In the projects area the firm’s work has been concentrated in the energy sector advising on domestic renewable projects and international power plants. Among the notable projects were two power plants in Iraq, with the firm acting for the lenders financing the project on one and representing the developer on the other, advising on both finance and development matters.
In M&A the firm worked on large deals in sectors including food and beverage and financial services. The highlights were advice to AIG when it divested of 86.5% in to ADP Group and acting for PepsiCo on the sale of 52% of Pepsi Company Jordan to CIB Investments.
During the research period Osama Sukkari & Associates most notable work was advising a borrower negotiating a large syndicated loan arranged by Credit Suisse and representing a molasses manufacturer on the acquisition of rights in its major distributor.
"Great to work with. Always available." - Banking
"Osama Sukkari & Associates is always providing prompt and professional feedback to our legal enquiries." - Project development, project finance
"We have solicited advice on a lot of corporate finance documentation, both under Jordanian and English law, and our experience gives us a market-leading perspective on legal and regulatory issues, as well as in-depth knowledge of the key drivers for the Bahrain government and related institutions." - Banking
"An excellent corporate law firm. Their strength is in the banking and financial sectors." - Project development, project finance
"Great to work with, knowledgeable and always available."
"Extremely knowledgeable, accommodating and prompt."
Sanad Law Group in association with Eversheds Sutherland, an association between a domestic and a large international firm, has been active in the energy sector recently, mostly advising on work related to projects.
During the research period the firm represented developers, project companies, EPC contractors, majority shareholders and minority shareholders in 10 renewable power projects. Other notable work included advising public sector clients on oil and gas related matters.