Advising Trillium a major Lebanese Real estate Developer Company in its Joint Venture with a local Iraqi investor for the development of a 500 million US Dollars real estate project on a 1,000,000 sqm Plot of land in the City of Erbil, Northern Iraq: The deal consisted of preparing all legal documents in relation to the project, i.e. Shareholders Agreement to manage the relationship of all parties as well as the transfer of land as well as the project management agreement. The deal was led by Managing Partner Marie Antoinette Airut.
The Beirut Team of Airut Law Offices led by Marie Antoinette Airut advised a major diversified group in a joint venture for the development of a prime mall and department store. Our task was to negotiate and draft all legal documents relating to the Joint Venture as well as the land lease agreement and other relating legal documents. This 200 Million US Dollars deal constitutes to-date one of the largest transactions of 2013 in Lebanon.
Advising a major Iraqi investor in a One Billion US dollars real estate project in the City of Erbil, Northern Iraq: The deal consisted of preparing all legal documents in relation to the project, i.e. Shareholders Agreement to manage the relationship of all parties as well as the transfer of land as well as the project management agreement. The deal was led by Managing Partner Marie Antoinette Airut and Partner Serge Airut.
Advising Aker Solutions, a major Norwegian Oil and Gas Services Company in its 460-million acquisition of NPS Energy a Middle Eastern Oil and Gas Services Company as regard to the Iraqi entities of the latter. The deal consisted of undertaking a Due Diligence on the target Iraqi legal entities as well as a review of the Share Purchase agreement and tax covenants in relation to the deal and make sure they are compliant with the Due Diligence Report and Iraqi laws. We worked on the present matter in close venture with Advokatfirmaet BA-HR DA, Lead Law Firm representing Aker Solutions ASA. Further to signing the deal was subject to early termination. The deal was led by Managing Partner Marie Antoinette Airut, Partner Serge Airut and Senior Associate Ilza Zwein.
Airut Law Offices advises on a joint venture that aims to develop the Fiber Optic and Broadband services in Iraq.
Airut Law Offices launches its Oil and Gas practice in the light of its development in the Iraqi legal market as well as the prospective Oil and Gas business in Lebanon.
A major Lebanese Bank appoints Airut Law Offices as legal counsel for its activities in Iraq.
Airut Law Offices launches its offices in Erbil. In the light of the growth the region of Kurdistan is witnessing for the last couple of years and pursuant to the request of many of its clients, Airut Law Offices has decided to establish its offices in Erbil where it will be handling a wide range of legal services. Airut Law Offices has already an interesting previous experience in Erbil, since it has been handling legal matters in connection with several projects, namely the Rotana Hotel, as well as other multi-million Real Estate projects and other financing structures and agreements.
Airut Law Offices counsels a well-known lebanese luxury products distributor in an indemnity claim for abusive termination of the exclusive distributorship relationship that has lasted for more than 50 years.
Airut Law Offices advises a multi-million Hotel & Resort project in Lebanon.