Banking & Finance

 

Our dedicated banking and finance team is highly regarded for excellence and broad experience in completing transactions efficiently and professionally.

Over the years, SH&P has established profound relationships with international and regional banks as well as financial institutions in both the public and private sectors. Today, we are entrusted by multiple lenders, borrowers and guarantors in the most complicated financing transactions.  Our team regularly monitor the development and regulations proposed to be applied thereto for the effective representation and protection of our clients’ interests.

Banking

 
Our team assists clients in developing an understanding of the issues that may arise under Egyptian law from or in connection with banking and finance transactions, as well as perfecting security under Egyptian law. In addition to advising on licensing requirements, we help in drafting and negotiating loans and security documents. We also assist with debt restructuring as well as offering representation to our clients in banking disputes and litigation.

Notable Transactions

 

Key contact

 

International Finance

 
Our professional legal team assists our clients in the structuring of cross-border transactions. We advise on syndicated loans and trade finance. We provide guidance regarding compliance with international banking standards. We also represent clients in multijurisdictional financial disputes.

Notable Transactions

 

Key contact

 

Frequently Asked Questions

In order to enforce an arbitration award in Egypt, an enforcement order must be obtained by the competent Court of Appeal, providing that such arbitration award does not contravene the Egyptian public order or morality, and does not deal with rights over immovable properties located in Egypt, personal status or criminal issues.

In general, there is no restriction on foreign ownership of entities incorporated in Egypt except for limited cases such as entities: (i) undertake the activities of importation for the resale purpose , commercial agencies, and/or intermediary business; and, or (ii) are located or doing business in Sinai.

The Egyptian legal system is primarily based on the French civil legal system, various other European codes and religious law. In practice, religious law is applied only to personal status and family matters which are governed by the religious law of the individual concerned. The fundamental and organic law of Egypt is the Constitution thereof, which Constitution was passed in a referendum in January 2014 and amended in April 2019.

Generally, the Egyptian law does not recognize the concept of piercing the corporate veil, therefore, the liability of shareholders, in general, in Joint Stock Companies or allotment holders in Limited Liability Companies is only limited to the paid-up capital except in some limited cases.