Insolvency and Restructuring

Insolvency and Restructuring

Our litigation team has been involved in the first set of major actions that have arisen under the 2018 Insolvency Law, constituting new territory for the KSA.

For example, we act for creditors in relation to both the Maan AlSanea and AHAB cases at the Commercial Court, both of which involve multi-billion-dollar insolvencies with creditors across multiple jurisdictions. Additionally, we are at the forefront of seeing the Commercial Court judges—along with insolvency trustees—develop their approach and understanding of the new law, and we can therefore bring first-hand experience from these major, contentious insolvency actions to the table.