Here is a selection of Arab banking news stories that we have been following recently. Bank M&A in the Gulf, Blom's successful capital increase and the British government's second sovereign sukuk.
ABA welcomes Spector Constant & Williams as new corporate member
- 29th, October, 2019
We are pleased to welcome Spector Constant & Williams (SCW) as one of our newest Corporate Members.
SCW is a law firm specialising in dispute resolution, real estate, company and commercial matters, and banking and finance. It was recently established by a group of experienced solicitors and its staff roster already boasts a wide range of skills and expertise.
The firm has more than 50 partner offices worldwide. It has a London base that is ideally located for easy access to the core areas of London's real estate market and to the Royal Courts of Justice.
SCW’s clients include FTSE-listed companies, property professionals, offshore investors, private developers, SMEs and high net worth individuals. As a member of Cathay Associates, which is a global network of firms across nearly 60 countries, SCW can deliver multi-jurisdictional legal advice.
Richard Spector has acted in many high-profile dispute resolution cases and was heavily involved in the litigation that arose from the collapse of Lehman Brothers. He has also been involved in many cross-border litigation cases and recently acted successfully for the claimants in Harlequin Property Ltd & Anr v Wilkins Kennedy in which Richard’s client was awarded more than £10mn in damages. The case was listed in The Lawyer’s Top 20 cases of 2016.
George Constant (pictured) has developed a strong reputation in the real estate investment world as a result of acting in many high value and well publicised transactions over the last 15 years. He also has extensive experience of acting for banks and other financial institutions in their secured lending transactions. George and his team of colleagues have also developed a particular expertise in Islamic finance and have acted for a number of financial institutions who offer Islamic finance products.
Alun Williams is an expert in commercial and residential-led development projects, He also has considerable experience of acting on real estate focussed corporate acquisitions. He has often worked on large and complex transactions and has in-depth knowledge of tax-efficient legal structuring, particularly in relation to VAT and SDLT.
George Constant commented that, “We are delighted to become members of the Arab Bankers Association and look forward to deepening our already strong relationships with Arab banks and their clients. We have been working with Middle East clients – including those who favour Shariah-compliant transactions – for many years, and we believe that the combination of skills that we have assembled at Spector Constant & Williams will enable us to offer exceptional service to Middle East institutions and individuals both in London and the Middle East region.”
George Constant will be the firm's main contact with the Arab Bankers Association. His contact details are,
Phone: 020 7269 5120
SCW’s offices are at 10-12 Ely Place London EC1N 6RY.
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