AJA ranked as a Band 1 Firm by Chambers & Partners | Abou Jaoude & Associates

AJA ranked as a Band 1 Firm by Chambers & Partners

March 2020

For the tenth consecutive year, Abou Jaoude & Associates earned a Band 1 Firm ranking in the prominent Chambers Global Guide for 2020, covering the Corporate & Finance practice of law firms in Lebanon.

Chambers commended the Firm’s work, stating:

“Abou Jaoude & Associates Law Firm remains one of the country's most well-known full-service firms, and is particularly commended for the strength of its finance and M&A practice. The firm demonstrates further proficiency in real estate and projects. Its recent work includes assisting Bank Audi as lead arranger and lender in the USD300 million international syndicated facility to finance two renewable wind energy projects.”

One client disclosed that “their strength is that their lawyers cover all the spectrums of the law. Whenever needed, the primary lawyer assigned to us can always refer to a particular lawyer that covers a certain specialty.” The firm regularly acts for international companies in Lebanon, assisting with tax and employment matters.”

Three of the Firm's partners were honored with an individual Leading Lawyer ranking in Chambers Global 2020 - Corporate & Finance, namely:

Carlos Abou Jaoude is commended for his negotiation skills, as well as his real estate and banking and finance transactional experience. One client said: “He took the lead throughout the process and made sure to cover all the risks involved, and the results more than met our expectations.” He advised the National Electrical Utility Company on negotiations with the Ministry of Energy and Water for the renewal of a four-year distribution service provider contract.”

Simon El Kai is complimented for his “sharpness and accurate business acumen.” He is notably active representing start-ups, particularly in the technology sector, in seed financings. He also advises clients in relation to pre-acquisition restructuring, with noted experience in the media and medical technology industries.”

Souraya Machnouk is widely commended by clients and peers alike for her work in M&A, and her extensive expertise in the energy sector. She advised a consortium led by Siemens in connection with its bid to develop a series of 1,300 MW power plant projects tendered by the Ministry of Energy and Water. A client said that she is “very energetic, knowledgeable and gets things done in a thorough but pragmatic way. It is indeed very pleasant to deal with her.”